Original post made on Dec 15, 2007
Read the full story here Web Link posted Friday, December 14, 2007, 12:00 AM
on Dec 15, 2007 at 2:05 pm
Well, for how much did it sell???? There seemed to be a lot of people!
on Dec 17, 2007 at 6:53 pm
It sold for $435 in ten minutes or less. It started @$299 and sailed through the $100 in less than a minute. It stalled at $425 and spent the next five minutes inching up to the final price. I would guess there were about a dozen bidders and maybe over a hundred looker oners. Three quarters of the bidders did not even bid. Guess they were looking for a deal. There was a 10% fee on top of the price so the property sold for $478.5 thousand.
I have a property in another area of Contra Costa and will be looking into auctions.
on Dec 21, 2007 at 9:41 am
Will the official sale price show as $435,000 or $478,000? Does the seller or buyer pay that fee? It would seem the seller would pay it but that's not what's implied above.