Thursday, October 9, 2014

The results of the auction for condo #401 are no surprise.  The lender bank, in this case HSBC, simply bid $100 more than any other bid.

So HSBC has purchased the property and you can expect it to be turned over to a local realtor and put up for sale, as is, eventually going for about half what was paid for it when it was sold to the first owner.



Case Number: 13000380CA     Case ID: 2594241     End Date: 10/09/2014 12:15:00 PM
  Bidder ID Bidder Name Bid Info Bid Date/Time
  6245 Idania Carpio $37,700.00 09/21/2014 10:58:10 PM
  Bidder ID Bidder Name Bid Info Bid Date/Time
  Opening Bid $0.00 10/09/2014 12:12:01 PM
  Plaintiff Auto Bid $37,800.00
  5957 boldbaatar dorj $45,000.00 10/09/2014 12:13:43 PM
  Plaintiff winning bid $45,100.00
  Auction Closed 10/09/2014 12:15:00:00 PM
The final bid was made by Plaintiff :   HSBC BANK USA N A,
In the total amount of:   $45,100.00