Huge Atlanta Real Estate Auction This Weekend

Posted by Zoe Maclean | Posted in Real Estate Online | Posted on 10-04-2011

Tags: Atlanta Real, Atlanta Real Estate, Real Estate, Weekend

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If you love the idea of buying affordable Atlanta real estate but hate the thought of paying too much, you may be in luck. Auction.com is holding a HUGE Auction this weekend, Saturday, April 16 and Sunday, April 17, at the Cobb Galleria Center. This is your chance to bid on 525 foreclosed, bank-owned properties.

Some of the more notable offers include:

  • 4060 Haverhill Dr, Atlanta, GA 30342 – 1168 sq ft house previously valued to $105,750; starting auction bid $9,000
  • 2136 Adams Overlook NE, Atlanta, GA 30318 – 2024 sq ft house previously valued to $250,000; starting bid $69,000
  • 539 Johnson Ferry Rd, Atlanta, GA 30328 – 3064 sq ft house previously valued to $245,000; starting auction bid $59,000

The Saturday auction will be for northern Atlanta area foreclosures while the Sunday event will cover southern Atlanta area foreclosures.

Both auctions are open to the public. Registration is free and begins at 8 a.m. on both days. The auctions will start promptly at 9:30 a.m. To bid in person, you must bring a government-issued ID, W-2 forms for the last two years, a personal checkbook and a $2,500 cashier’s check made payable to yourself. In order to bid on multiple properties, you must bring a $5,000 cashier’s check for each subsequent property.

If you are searching for affordable Atlanta real estate to live in, rent or invest in, you should not miss these auctions. Buyers in Atlanta have already spent $50 million on 650 new foreclosures from Auction.com in this year alone. Don’t let someone else walk away with your dream home for a fraction of the market value! Come to the Auction.com real estate auctions this weekend at the Cobb Galleria Center.

To see listings of all the homes that will be available, view the brochure here.

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