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Area’s foreclosed homes sell briskly, for less, at auction

Larry Doss Wednesday, April 22, 2009

Area’s foreclosed homes sell briskly, for less, at auction

ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1795749.html

Published: Tuesday, Apr. 21, 2009 - 12:00 am | Page 6B
A pair of out-of-town auction giants sold 190 more foreclosed homes in Sacramento on Sunday, earning $21 million for lenders that repossessed them for lack of payments, the firms said Monday.

Irvine-based Real Estate Disposition Corp. said it sold 162 Sacramento-area homes for $17.1 million. It was the latest event in a series of nine company a... Read more

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