SOURCE: John Dixon & Associates

John Dixon & Associates

November 11, 2010 11:11 ET

Home Sites, Commercial Land, Commercial Buildings Included in Giant Georgia Real Estate Auction

ATLANTA, GA--(Marketwire - November 11, 2010) - Hundreds of residential lots, stores, restaurants, land tracts and other properties will sell at auction Tuesday, Nov. 30 as Marietta-based John Dixon & Associates conducts a major auction of bank-owned properties.

The auction will include more than 600 residential home sites, selling in groups ranging from one site to 109, according to John Dixon, president of the auction company.

"It's unfortunate that the housing slump and mortgage crisis resulted in so many foreclosures, but that creates opportunities for those with the foresight to obtain property now at today's prices. Those who act now will be in an exceptionally strong position once the economy picks up steam again," said Dixon.

Also selling will be a townhome on Lake Oconee, commercial buildings, retail locations, commercial land, including large and small acreage tracts, he said.

"Based on recent results, we expect strong interest in these properties. We had a similar sale a few weeks ago that was very successful, and if anything, we may have a more attractive lineup of properties for this auction," said Dixon. "With all but 14 of these properties selling absolute -- with no minimum or reserve bid -- it is important that people act on the auction day to ensure that they get the properties they desire."

John Dixon & Associates is a leading auctioneer of bank-owned properties.

Individuals interested in additional information about the company or its future sales may visit www.johndixon.com or call 800-479-1763. More auction information.

Contact Information

  • For more information:
    Carl Carter
    205-378-9290

    Lindsay Fernandes
    205-909-3705