SOURCE: Williams & Williams

Williams & Williams

February 20, 2013 07:00 ET

Williams & Williams Announces Bank-Owned Occupied Residential Properties Auction Event for Investors Only

Properties Nationwide Available for Purchase for the First Time

TULSA, OK--(Marketwire - Feb 20, 2013) - Williams & Williams®, the premier brand in real estate auctions, today announced its "First Look Investor-only Auction Event" featuring bank-owned, occupied residential properties never before on the market. This pre-market purchase opportunity is available to experienced investors only as each property is being sold via quitclaim deed and must be a cash-only transaction. The three-day auction event takes place, Tuesday through Thursday, March 5th - 7th on Auction Network®.

"There's growing interest among the investment community for occupied residential properties," said Elsa Lewis, Williams & Williams' EVP, Default Services Solutions. "Our 'First Look Investor-Only Auction Event' is a tailor-made disposition solution for our bank clients to attract the right buyers for occupied properties being sold via quitclaim deed. Experienced investment buyers understand there are possible liens on the properties for which they will be responsible if purchased."

Properties included in the sale are single-family homes, multi-family dwellings and condos located in 13 states including Tennessee, Ohio, Missouri, Oklahoma, Nebraska, Wisconsin, Colorado, Montana, California, Utah, Nevada, Oregon and Alaska. Investors interested in bidding can access a complete property list and register at Interested bidders are encouraged to register early as registration closes on Monday, March 4th at 12:00 pm CST. A five percent bid deposit is required at registration.

In addition to its "First Look Investor-Only Auction Event," Williams & Williams is auctioning hundreds of residential and commercial real estate properties nationwide on behalf of individual sellers, corporations, government entities, trustees and banks throughout February and March. For more information, please visit or call 1-800-801-8003.

About Williams & Williams:
Williams & Williams is a worldwide real estate auction leader selling all types of properties including homes, commercial real estate, farms, ranches and land. As a specialized service, the company provides comprehensive default solutions for individuals and financial institutions. Its clients include individual sellers, banks, corporations, trustees and government agencies.

Contact Information

  • Media Contact:
    Amy Bates
    BuckinghamBates Global Marketing for Williams & Williams