SOURCE: John Dixon & Associates

John Dixon & Associates

April 04, 2011 15:52 ET

Homes, Home Sites, Farms Sell in Two John Dixon Auctions

MARIETTA, GA--(Marketwire - April 4, 2011) - Homes, farms and home sites were among the properties sold by John Dixon & Associates in two separate auctions Thursday, March 31. The two sales -- one in Brunswick and the other in Statesboro -- totaled $916,000.

The Brunswick sale attracted 15 registered bidders, resulting in the sale of a home on St. Simons Island, two homes in Brunswick, two homes in Kingsland, and a home in Middleburg, Fla., according to John Dixon, president of the auction company. Bidders paid $465,000 for the properties.

Later the same day, an auction in Statesboro resulted in the sale of two farms, 12 townhome pads and 20 residential lots. The total for the Statesboro auction was $450,000.

"As banks reduce their portfolios of foreclosed and distressed homes, home sites and other properties, we're continuing to see a strong response among bidders," said Dixon. "The trend toward more online bidding also continued, especially in the Statesboro sales. Out of the 20 properties we sold in Statesboro, eight went to online bidders," said Dixon.

Upcoming sales include auctions of foreclosed properties April 12-13 in Southeast Georgia and the Atlanta area.

John Dixon & Associates, based in Marietta, Ga., is a leading auctioneer of bank-owned properties throughout the United States. Individuals seeking additional information may contact the firm at 770-425-1141 or visit More auction information.

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