First 4 houses had starting bid of $200K more than the purchase price of Feb. 2005, and slowly came done and went down below purchase price and still noe body bid on them, I think bidding down went to about $300K below Feb. 2005 price.
Fifth house and other houses had stating bid of $300K below purchase pirce of Feb. 2005, some went up but still stopped far below the Feb. 2005 price. At this point they called it “subject to approval”.
Believe me fellows, this auctions are Bu!! Sh!!t. Do not think that you are going to buy anything cheap.
