Hot on the heals of the last Orlando home auction comes the latest in a series of opportunities to acquire Orlando property on the cheap - and not just condos. Set your alarm clock early on Saturday December 6th 2008 because check-in at the Marriott starts promptly at 8:00am - and the hammer starts hammering at 9:30am. Open house dates are 11:00am to 4:00pm on 11/22/08, 11/23/08 and 11/29/08. And you'll need all three dates if you want to check out all 250 homes! Auction reminder: $5k [...]
6:30pm on a Wednesday night: An unlikely start time for an auction perhaps, but over 800 were seated by the time bidding began, and the total number of visitors over the course of the next four hours likely topped 1000 according to our estimates. The REDC auction of central Florida bank owned properties included million dollar mansions and mediocre condos - and some bargains were had with most properties selling for about 40% of their prior estimated worth (and although some of those [...]
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