Bidders Won’t Get The Properties They Won At Auction
Oct 14th, 2008 | By RT Staff | Category: West RegionIt drew hundreds of spectators and willing buyers, but it turns out, a recent real-estate auction was a bust. The bank turned down offers from the highest bidders, even though the properties were foreclosures.
There is no reason to believe it was a scam, but there is some evidence that perhaps the banks got really nervous [...]