Auctions of Bank-Owned Properties Draw Big Crowds in Georgia, North Carolina and South Carolina
(firmenpresse) - ATLANTA, GA -- (Marketwire) -- 02/21/12 -- Real estate investors and individuals alike
snapped up more than 455 bank-owned properties for a total of just over $7
million last week. The properties -- which included office buildings, car
washes, land and home sites -- were sold in a series of four auctions by
"We did exactly what we set out to do -- help five banks recover their
investment in a lot of properties while making it possible for investors to
acquire properties that will provide them with opportunities in an
improving economy," said John Dixon, president of the auction company.
The events were held in Anderson, S.C., North Charleston, S.C., Young
Harris, Ga., and Atlanta.
"Over the course of the two days, it became clear that bidders are growing
more optimistic about the opportunities that lie ahead. In addition to the
400 bidders who attended in person, we had 165 who participated online, and
we had healthy, competitive bidding for all four events. This tells me that
it's a perfect time for banks to auction the large numbers of properties
that were foreclosed during the real estate slump and recession," said
Dixon.
The properties were grouped into 135 offerings. Properties sold by two of
the banks were part of loss-share agreements with the FDIC, said Dixon. "We
were one of the first in the nation to be approved for loss-share auctions,
and banks are finding that our auctions are ideal for such properties."
John Dixon Associates will also auction more than 65 Georgia properties for
the FDIC March 9-10. The March 9 event, to be held in Gainesville, will
include commercial buildings, retail properties, homes, office buildings,
home sites and land. The second, on March 10, will feature commercial and
residential properties in the metro Atlanta area.
Individuals seeking additional information may call 770-425-1141 or visit
.
John Dixon & Associates, based in Marietta, Ga., is a leading auctioneer of
bank-owned properties throughout the United States. .
For more information:
Carl Carter
205-823-3273
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.02.2012 - 17:25 Uhr
Sprache: Deutsch
News-ID 116853
Anzahl Zeichen: 0
contact information:
Town:
ATLANTA, GA
Kategorie:
Residential Real Estate
Diese Pressemitteilung wurde bisher 174 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Auctions of Bank-Owned Properties Draw Big Crowds in Georgia, North Carolina and South Carolina"
steht unter der journalistisch-redaktionellen Verantwortung von
John Dixon & Associates (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
