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Auction in Woodinville (tomorrow night)

AmazedRenterAmazedRenter
edited June 2008 in Seattle Real Estate
House sold for $550k in 1999, current auction price is $525k. House currently zillows for $900k. I'm mildly curious to see what this house will go for, and of the mechanics of the auction process: What's the format, who many people will actually bid, is it staged?

http://seattle.craigslist.org/est/rfs/711857880.html

Comments

  • EastSiderEastSider
    This auction seems to be run by the home owner. I doubt if the auction will be binding on either party (i.e., the owner will not sell if the highest bid does not match his expected price).
  • CougarCougar
    Any word on how this went? I'd be interested to know, might be the future of FSBO.
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