Public Lender Foreclosure Auction

Many lender foreclosed residential properties will be liquidated by several lenders on Saturday Dec. 15, 2007 at the

Miami Beach Convention Center Miami Beach Convention Center  1901 Convention Center Dr, Miami Beach, 33139 You need to register to bid at the auction, the registration can be done online and the online registeration must be done at least 48 hours prior to the auction in order to receive all pertinent information relating to the event. Registration is free and there is no obligation on your part.  on site registration begins at 8:00 a.m. Auction starts promptly at 9:30 a.m. ALL HOMES WILL BE OPEN FOR INSPECTION from 10AM to 5PM on 12/01/07, 12/08/07 and 12/09/07 The auctioneer will conduct a “Bidder Seminar” ½ hour prior to the start of the auction to help familiarize the public with the method and pace of bidding that the auctioneer will utilize.

The sellers guarantee free and clear title on everything sold at auction. Also, you will receive a standard “Title Policy” as part of your transaction. Competitive financing terms will be offered “On the Spot”. Lender representatives will be available immediately after your winning bid to choose the financing option that‘s right for you! You can also “Pre-Qualify” here online by checking the pre-qualification box on the Bidder Registration Form. Down payments are as low as 5%. 
 
There is 5% Buyers Premium that will be tagged to the final price. Buyers Premium is used to help the Auction Company/Broker promote the auction through multiple mass-media outlets such as Television, Radio and Direct Mail, without having to pass on all those costs to the Seller. It is a standard practice utilized by many major auction companies. For example: You are the winning bidder on a property at $300,000. The buyers premium would be $15,000 (5% of the winning bid amount) thus making the final selling price $315,000

You will need to register for each auction event and bring a $5000 cashiers check made payable to yourself in order to bid at any of the auctions. In addition, if you are the winning bidder, you will need a personal or business check to make up the balance of your 5% total deposit on auction day, as well as a valid I.D. for all parties wishing to be a party to the transaction.

Below are few of the properties up for auction. Download list of all Miami Dade properties here

Miami Beach

 

Address: 400 ALTON ROAD 805 , MIAMI BEACH , Florida, 33139.
MIAMI-DADE County. 
Square Footage: 1400  Property Type: Condo 
Financing: Yes 
Item #: FM076
 

Address: 465 OCEAN DR #209 , MIAMI BEACH , Florida, 33139.
MIAMI-DADE County. 
Square Footage: 654  Property Type: Condo 
Financing: Yes 
Item #: FM077
 
Address: 5001 COLLINS AVE #12D , MIAMI BEACH , Florida, 33140.
MIAMI-DADE County. 
Square Footage: 1225  Property Type: Condo 
Financing: Yes 
Item #: FM078
 
Address: 9195 COLLINS AVENUE #1103 , MIAMI BEACH , Florida, 33154.
MIAMI-DADE County. 
Starting Bid: $249,000   Previously Valued To:* $680,000 
Financing: Yes 
 

Aventura

 

Address: 2851 NE 183 ST #508 , AVENTURA , Florida, 33160.
MIAMI-DADE County. 
Square Footage: 1066  Property Type: Condo 
Financing: Yes 
Item #: FM096
 
Address: 19501 W COUNTRY CLUB DRIVE #2510 , AVENTURA , Florida, 33180.
MIAMI-DADE County. 
Square Footage: 1175  Property Type: Condo 
Financing: Yes 
Item #: FM114
 
Address: 19501 W COUNTRY CLB DR #1607 , AVENTURA , Florida, 33180.
MIAMI-DADE County. 
Square Footage: 1175  Property Type: Condo 
Financing: Yes 
Item #: FM115
 
Miami Shores

Address: 74 NE 103RD ST , MIAMI SHORES , Florida, 33138.
MIAMI-DADE County. 
Square Footage: 2014  Property Type: Single Family 
Starting Bid: $179,000   Previously Valued To:* $680,000 
Financing: Yes 

North Bay Village 

Address: 7601 E TREASURE DRIVE , NORTH BAY VILLAGE , Florida, 33141.
MIAMI-DADE County. 
Financing: Yes 
Item #: FM079