Auctions are fun. Auctions are interesting.
There's now one coming up for a condo at 710 MB Blvd. (3br/3ba, 1675 sqft.), but it's not what it first appears. This auction is also different.
The listing's come-on start price of $1.475M is intended as an irresistible low bid, a screaming deal that helps form a line at the front door.
So, should buyers rush to get in that line? Or wait? Or what?
Frankly, it's confusing.
You might wait till the October 8 auction date, or you might try to make a deal sooner. They're not committed to going all the way to October. The company running the auction swears that most properties offered this way sell……