CV Auction Update

by | Apr 29, 2019 | Auctions, Carmel Valley, Foreclosures/REOs, Jim's Take on the Market | 2 comments

With less than 24 hours to go in the REO auction, it looks like the seller got a little antsy and decided to push the bidding closer to their $1,499,900 list price.  Will there be a flurry of activity right at the finish line?  We’ll see!

2 Comments

  1. Rob_Dawg
    Rob_Dawg on April 29, 2019 at 4:20 pm

    It’s not an auction if there is a reserve and/or the seller can bid. Want to bet some of the previous (if any) bids were equally suspect tainted?

  2. Jim the Realtor
    Jim the Realtor on April 29, 2019 at 4:28 pm

    Agrred – until they round up all potential bidders on the front lawn, fill them full of champagne, and then have a professional auctioneer conduct a no-reserve bidding session, we’ll just call these an “auction”.

Pin It on Pinterest