Real Estate Auctions

 I don’t know much about them, but I’m quickly becoming fascinated with them and wonder if I go to the below auction..what my chances would be to winning this home for less than 5K…  what do you think?

I know usually they are filled with investors (like car auctions filled with dealers) filled with investors with big cash at hand to out bid me…but I might just go to see how this particular auction work. I see MANY of their signs all throughout the West End. This home looks to have some nice features:

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769 CASCADE PLACE ATLANTA, GA 30310

Description
3BR 2BA 1968sf+\- single-family. Built 1925. Approx .25ac lot. Taxes approx $2865 (’06)Oakland City subdivision.Open House
1-4pm Sat. Feb. 16th and 2hrs prior to sale.

Opening Bid
$1,000

Sells
1:45 PM Wednesday, February 20, 2008

Sale Location: 1571 LINDA WAY ATLANTA, GA 30310

Author: niaknowles

From Native New Yorker (Brooklyn) to Atlanta Realtor, with a love for architecture and design. Atlanta based Real Estate Consultant working to restore and sell Intown Homes; REO,South West (Westside,West End, Westview Communities 30310,30311,30314,30318 zip codes)

2 thoughts on “Real Estate Auctions”

  1. nia why did not email me about this one? I am still looking just haven’t found a job yet I do have a offer in with pedimont so hopefully this will go through but don’t sleep on me.

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