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Foreclosures going for $200 in Palm Beach...
- Thread starter GoodWitch58
- Start date
Matt J
SWGB
It does happen, a guy bought one over in Bay County for I think $100.00 because the lender failed to show at the auction. The house was "valued" right at $1,000,000.00 during the boom. Turned out to be a beach shanty that was in an area that probably would have gone for condos if the boom had continued.
PalmBeach
Beach Lover
From Article:
"But it is nowhere near certain the rock bottom prices will stick. Some of the sales were done without the required public advertisement. The Palm Beach County Clerk of Court will not issue a certificate of sale without proof that the auction was advertised once a week for two consecutive weeks before the sale."
"But it is nowhere near certain the rock bottom prices will stick. Some of the sales were done without the required public advertisement. The Palm Beach County Clerk of Court will not issue a certificate of sale without proof that the auction was advertised once a week for two consecutive weeks before the sale."