There will be a repeat of last month's Orlando auction on Wednesday October 15th. Like the last banked owned foreclosure sell off, Bidders must register prior to the auction and will need to bring a personal or cashier’s check for $5k in order to bid. Winners will pay the bid amount plus 5%. Condo Metropolis will be there assisting our bidders. For more info, email full legal name of potential bidder(s) to Admin@CondoMetropolis.com
STOP PRESS: 2 one-bedroom lake views purchased at auction have just come back on the list due to buyer being unable to close. One is third floor, one is first floor. These were among the first to be picked up at auction so if you were disappointed at not being able to get a lake view, you now have less than 24 hours to get back in the game! These are the last 2 lake views left at Tradewinds. Post auction pricing ends at 5pm tomorrow (Friday). Until then you can still pick up a 2/2 for $93,500 [...]
This turned out to be the most "interesting" auction to date in Orlando. A complete contrast from downtown Solaire last month, and nothing like the Lake Mary auction of last year, the Tradewinds auction in MetroWest finally solidified the notion that right now, your average home buyer is both terrified - and somewhat clueless. A pre-auction show of hands revealed that most attendees had never attended a real estate auction before; most clearly came without a Realtor and few had done their [...]
Solaire Practice Auction For those who register, there will be a practice auction on February 29th at the Embassy Suites Hotel in downtown Orlando. The Solaire practice auction will demonstrate the auction process and help you become more comfortable for the March 1st event. The practice is also a great time to ask the auctioneer any questions you may have about the auction process. For more info on the Solaire auction see our previous postings. You can use this form to begin [...]
Below is a sample of the Solaire condo's auction inventory. Call us if you would like the full list or a pre-auction tour. The Solaire auction is a 'minimum selling bid competitive auction'. There will be a total of 42 Solaire condos for auction comprised of one- and two-bedroom units. The requirements for the auction are that a buyer must be pre-registered as a bidder, be pre-qualified through one of two lenders (or provide proof of funds if a cash buyer), and be able to attend the auction [...]
SOLAIRE Auction Update: Auction for the Solaire condos at the Plaza will be held on Saturday March 1st 2008 in Orlando. 42 Luxury condos will be auctioned: 1 bedrooms will start at $170k; 2 bedrooms at $250k. We will be registering potential Solaire buyers starting on Saturday at 11am - 5pm. Pre-qualification through a preferred lender will be required. Contact us for more details and to register - all buyers must register prior to the auction which will take place downtown Orlando. [...]
Downtown Orlando's Solaire at the Plaza is great condominium.But like most downtown condos, it's had its fair share of problems. Now, after a number of sales and marketing companies have come and gone, each turning down offers from both individuals and bulk investors, several reliable sources suggest that the developers (Wood Partners) have decided to take their chances at auction - and Condo Metropolis has heard that a press release is expected on Friday 8th February, 2008. The Orlando [...]
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