Cleveland, OH - As foreclosures continue proliferating across the country, buyer demand for these properties is also growing because they can be purchased at a discount.
For buyers who were shut out of the housing market during the boom years of escalating home prices, foreclosures make homebuying affordable.
Real estate auction firm Hudson & Marshall will auction over 400 bank-owned foreclosures in cities throughout Ohio and Pennsylvania April 20th - 26th. About 80 homes will be auctioned in Cleveland on April 25th.
Get more information on tomorrow's auction by clicking HERE or by calling 866-539-4172.
The homes up for auction come with a clean, insurable title paid for by the sellers. Buyers will be required to make a $1,000 deposit with a certified check or cash on each property which they are the winning bidder. Before the auction, buyers should try to get pre-approved for a loan so they know how much they can bid on a property.