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.