Hudson & Marshall set two-day foreclosure auction in Chicago for Oct. 2,3
Rising foreclosure inventories across the country translate into great deals for consumers, as banks continue to offer discounts on these properties to quickly move them off their books. Hudson & Marshall, America's leading real estate auction firm, will auction over 200 bank-owned homes in Chicago October 2nd and 3rd at 1:00 p.m. at the Westin Lombard Yorktown Center. Buyers will be required to make a cash or certified check deposit of $2,500 for each property, which they are the winning bidder. For properties selling for $10,000 or less, a buyer must pay the full purchase price of the homes on sale day. All sales will close within 30-45 days and buyers may secure financing with the lender of their choice prior to closing; however, closing is not contingent upon financing.