ST. BERNARD PARISH, La., March 4, 2014 (GLOBE NEWSWIRE) -- St. Bernard Parish Government (SBPG) has become the most recent government agency to hire AmeriBid LLC to auction properties located throughout St. Bernard Parish, LA. Over recent years, AmeriBid LLC has been a leader in marketing the auction of municipal properties. These 135+/- structures and development lots will sell absolute to the highest bidder regardless of price with NO MINIMUM and NO RESERVE, at a one day auction event to be held on Saturday, April 12, 2014. The Auctioneer is Steven Mathis with Tulsa-based AmeriBid LLC, in association with broker Paul A. Lynn, CCIM, Louisiana Licensed Real Estate Broker.
The auction will be held at the Arabi Elementary School, 7200 Alexander Ave., Arabi, LA. Registration begins at 9:00 AM - Auction commences 11:00 AM. "We have received hundreds of inquiries about many of these LLT properties and we are pleased to be able to offer them to our community to use and develop throughout St. Bernard Parish," said David Peralta, SBPG Parish President. "During the previous auction events, savvy home buyers and investors were able to establish their own purchase price through the competitive bidding process. Buyers felt they were able to obtain properties at fair prices for use or investment," stated Paul A. Lynn, CCIM, Louisiana Real Estate Broker.
There are 130+/- development lots and 8+/- structures, which will be open before the auction for inspection on Saturday, March 29th from 11am-3pm. When inspecting the properties, prospects should bring a flashlight and dress appropriately, anticipating a property that will not have any power and could be in poor physical condition. Please visit website www.ameribid.com/sbp for specific times. Lots can be seen by drive by inspections.
Closing is required within 30 calendar days after the auction and financing will not be a contingency, so each buyer will need to know they can close on their purchase within the required timeframe and receive pre-approval for their own personal financing. There will be a Buyer Seminar on Thursday, March 27, 2014 at 7:00 PM at the SBPG Government Center, Council Chambers, located at 8201 W. Judge Perez Dr., Chalmette, LA. Registration begins at 6:30 PM. For additional information about this St. Bernard Parish auction and to pre-register, please call the sales office at 504-407-1719 or visit www.ameribid.com/sbp.
AmeriBid is the premier global real estate auction leader specializing in the sale of commercial and residential real estate, land properties and other assets for lenders, servicers, receivers, bankruptcy attorneys, estates, private owners, investment companies and local, state and federal government agencies. To be notified of future auctions, sign up for email alerts here.
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