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 [...]
The recent “dueling auctions” of 20 units in the Bahia Vista project were both proclaimed a success by both sellers and their auction company:
“Marshall Auctions offered 11 condominiums owned by local developer Spiro Buas, a partner in the project, while Max Spann Auctioneers auctioned nine different units on behalf of a different group, [...]
In what must be a major league sign of the times, dueling and competing auctions are planned tomorrow for the Bahia Vista condominium project in Ocean City, Maryland:
“Developer and landowner Spiro Buas will auction 11 units from the Bahia Vista I & II condominium buildings. At the same time, his former partners — [...]
It appears that the auction scene is significantly heating up in the Ocean City market with the announcement of 2 condo project auctions in the same day, as reported in yesterday’s Ocean City Today:
“Competing auctions will be held later this month for units in a bayside condominium because of a fractured partnership.
