Real estate auctions that have been successful in 1992 for the most part incorporated two essential characteristics: * The units being auctioned
were a quality product in stable communities * The housing was presented in the vital pre-auction period through well-researched and targeted marketing programs that created excitement by promoting value and savings opportunities as well as lower prices.
Since other parties cannot react, the Treasury receives only a modestly higher price for its auctioned
securities, but the major price action awaits secondary market trading.
The auction is scheduled to have over 120 Mack, Kenworth and Peterbilt trucks (year 2007-2006) to be auctioned
has seen an expansion in the use of the auctions, including a wide range of properties ranging from a 26-story condo tower development plan just recently sold in San Diego's most trendy neighborhood, to a world class golf course and ski resort to be auctioned
in northern Michigan, to a huge portfolio of home sites and a diverse collection of commercial properties in the Chicago area.
A wide range of single family homes, and townhouses located in the tri-county area (Miami-Dade, Broward and Palm Beach Counties) will be auctioned
off at the Broward County Convention Center that day.
In Illinois the company auctioned
a newly developed convenience store and gas station, located near I-57 in Monee.