
Cleveland Area Foreclosed Property Auction
Curiosity took me to a real estate auction for properties in foreclosure in Cleveland and Northeast Ohio. It was held on November 8, 2008 at the Holiday Inn in Strongsville. I had received an email from Joseph Kutina about this auction. Joseph Kutina is with Reo Property Consultants in Strongsville, Ohio.
Each property that came up for bid was put up on the screen and bids were solicted. The folks in the blue shirt noted the bids.
A lady who sat in front of me lost a bid for a condo in Sagamore Hills, her last bid was $18,000. The highest bid for the condo was $20,000. She look at the bid winner and then walked out of the hall after this condo auction with a look of disappointment. A couple of young women had the winning bid at $1700 for a property. A property in the Elyria area received a maximum bid of $100, yes, one hundred bucks. → continue reading Cleveland Foreclosure Auction