Hudson & Marshall to Sell 200 Midwest REO Houses
Auctioneer Hudson &Marshall will sell nearly 200 real estate owned properties in cities throughout the Midwest this week. Auctions will be held in Illinois, Indiana, Minnesota and Wisconsin Tuesday through Sunday, including a pool of 80 homes scheduled for auction in Chicago on Saturday. In Hudson & Marshall auctions, the seller pays for title insurance and sales typically close in 30 days. Buyers must come to the auction with a cash or certified check deposit of $2,500 for each property they purchase. “The REO properties we're seeing now come in all shapes, sizes and conditions which is why these homes are attracting buyers who intend to live in them," said Dave Webb, Hudson & Marshall principal. Potential buyers can also make offers on the listed properties before the auction via Hudson & Marshall’s Web site. Write to Austin Kilgore.