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Old 07-21-2011, 09:50 AM   #18
codeman671
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Quote:
Originally Posted by gf2020 View Post
This property is up for foreclosure auction next week:

http://www.jsjauctions.com/details.asp?id=14910
The unnofficial word on the street from a realtor friend is that it won't go to the auction block. It will probably be stopped prior to.

I attended the auction for Mountainview slip B-17 last week. I was surprised to see it go for $58k, with 6 months in back taxes and $3k in back club fees due. It is certainly well under Gilford's appraisal of $79k but I think in this market that is crazy anyway. Seven bidders showed up including myself, the total outstanding on the mortgage was only $25k.
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