It looks like the foreclosed condo owned by the mayor of Greensboro will wind up in the hands of a bank in High Point.
High Point Bank and Trust Co. was the only bidder Tuesday on the Center Pointe condominium owned by Mayor Robbie Perkins and his ex-wife.
The bank bid $201,000.
Other bidders have until Aug. 16 — 10 days from Tuesday’s sale — to submit what’s called an upset bid that’s 5 percent above the bank’s bid
.