MEMPHIS – More than 40 distressed home in greater Memphis, at least 13 owned by credit unions, will be sold at auction in two sales slated for June 13 and July 14.
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The credit unions are determined to sell the distressed properties, so there will be a floor on the sales price, but it won’t be high, according to one of the auctioneers. A handful are in need of repair, but many are in move-in condition.
The sales will be held at the Roebuck Real Estate Auction Gallery in Memphis. Online bidding will also be possible, through the Roebuck Auctions website,
