Back in November of last year we discussed how the Makai Condominium in Ocean City Maryland was planning a condominium unit auction sale of “at least 15… auctioned to the highest bidder regardless of price.”
That sale apparently went well enough that they are planning another big one on July 31st:
“Max Spann Real Estate & Auction Co. … has scheduled a Builder’s Close-Out auction on Saturday, July 31 at 1 p.m. for 30 units in the Makai, a luxury condominium building located one block from the beach in Ocean City, Maryland.
Minimum bidding starts at just $75,000 on six studio units with previous asking prices of as much as $228,400 and $85,000 on 24 two-bedroom units with previous asking prices as high as $394,500.
The auction will be held at the Roland E. Powell Convention Center, 4001 Coastal Highway, (40th Street), Ocean City, MD 21842.”
The full article —
If you think that this buying opportunity might be your cup of tea, be a savvy buyer and enlist the help of a seasoned Ocean City Maryland based exclusive buyer agent who owes their full loyalty to you. Don’t attend the auction unrepresented and without the benefit of thorough research and due diligence. HomeBuyerPower® can help! Call us today at 410.524.5000 to discuss how we can reduce your risk in an auction setting.
