Foreclosures in the states of Illinois and Indiana are scheduled to hit the auction block in August, says Hudson & Marshall, a real estate auction company.

REO auctions held across the two states will attempt to sell nearly 500 foreclosed homes, ranging in price from $7,000 to $800,000.
“Purchasing a home through auction is an efficient, transparent way to buy real estate. Our auctions don’t have minimum starting bids, Hudson & Marshall lets the crowd drive the bidding with the prices they choose. Having sold about 50,000 homes since 1999, we’re very experienced in quickly moving large volumes of properties. Homes are sold and closed within 30 days, making the process a win-win for both the buyer and the seller,” said Dave Webb, principal at Hudson & Marshall.
The auctions will be held from Aug. 13-18 in Southbend, Indiana; Fort Wayne; Kokomo; New Albany; Muncie, Indiana; Collinsville, Illinois; Cloverdale; Indianapolis; Lafayette; and Chicago.
Visit the Hudson & Marshall Web site for more details.