Foreclosure Auction
Let’s say you’re one of the buyers vying for the mid-century home at 3631 Seguin Dr. in Northwest Dallas. This is a super-hot market, and you don’t want to miss out on bank-owned deals that can net you a pretty penny if flipped. But in most auctions you’d have to have cash on hand,…
Read MoreUpdate, 4:48 p.m.: My source tells me there were 20 people in suits watching and three bidders. The whole thing lasted about 7 minutes. Some guy was on his cell phone updating his office on auction pricing. The pricing started at 55mm, went up in half million increments. Sources tell me that Thanksgiving Tower just…
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