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A government auction or a public auction is an auction held on behalf of a government in which the property to be auctioned is either property owned by the government or property which is sold under the authority of a court of law or a government agency with similar authority. [1] [2] [3]
Bid4Assets has conducted tax sales via online auction for more than half of the counties in Washington. In October, 2010, Bid4Assets hosted one of the largest online real estate auctions in the history of the United States in which over 13,000 properties located in Wayne County, Michigan, were auctioned due to unpaid real estate taxes. [11]
The Ohio Auction School was founded in 1999 in accordance with the laws of the State of Ohio to provide auctioneer pre-licensing education. Mike Brandly, a Columbus Ohio Auctioneer, [ 8 ] assumed the role of Executive Director; Lisa Mantle was designated the school’s Administrator.
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Court auction is an auction which takes place at a public location designated by the court. If a property owner fails to pay the mortgage, the mortgage holder can foreclose on that property. If the owner is unable to make sufficient payments, the property can be sold at auction. The time and place of the auction is published in official records ...
After Ohio allowed online real estate classes, we have seen an explosion of students which, as of last year, increased to nearly 11,000 real estate professionals in Columbus alone. This is over a ...
For business auctions, the term refers to a specific type of auction process (also called e-auction, sourcing event, e-sourcing or eRA, eRFP, e-RFO, e-procurement, B2B Auction). Open procurement processes, which are a form of reverse auction, have been commonly used in government procurement and in the private sector in many countries for many ...
Kim Zolciak and Kroy Biermann’s Georgia home was put up for public auction and now faces foreclosure. The Real Housewives of Atlanta stars’ property went to auction on Tuesday, December 3 ...
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