Bidders find bargains at foreclosed homes auction
Diana Alebord knew what she wanted – a three-bedroom, two-bath house – and she had three properties in mind.
The 45-year-old Sarasota woman drove to Tampa, hoping to find a bargain at an auction of foreclosed homes held Tuesday night at the Tampa Convention Center.
The auction, hosted by Real Estate Disposition Corp., a California-based company, drew 1,150 people. Many of them walked away with a steal, snapping up homes and condominiums, some valued at more than $300,000, for nearly half that price.
“I own a condo and I want to find a nice house,” Alebord said, before the auction began. “With this market, I’ll probably rent out my condo. Hopefully, I’ll be able to get a goo
d deal.”