Two Main Street Properties in Matawan to be Sold During Bank Ordered Auctioned
A total of 11 properties, including one in Middletown, will be auctioned on Nov. 16.
Income properties, development sites, retail, a salvage yard and professional buildings in New Jersey and Pennsylvania will be sold at a bank ordered auction in November, with most being sold regardless of price, according to a press release from Max Spann Real Estate and Auction Company. The auction is scheduled for Friday, Nov. 16 at 1 p.m. at the Double Tree on Frontage Street in Newark. “The auction offers a variety of appealing properties around New Jersey and northeastern Pennsylvania,” said Max Spann, the president and CEO of the firm, in a press release. “Right now, most of these properties are bank owned. We need to get them into the hands of investors who will be able to realize the full potential of these properties,” he said. …
Mary
11:24 pm on Wednesday, October 10, 2012
Very true, Joseph. Do as much due diligence as possible prior to the purchase. Your "bargain" may end up costing more than the purchase price especially if oil contamination is involved. more ›