25 waterfront condos are being auctioned at Harbor Pointe in Stillwaters on July 7th. Five of those will be absolute. This auction follows on the heels of one earlier this spring. Is this a sign of the times on Lake Martin? Does this signal an end to the seller’s market? Are auctions a way to get a good deal on Lake Martin property?
Like any real estate transaction, every auction is unique. The person that does the homework will either come out of it with a fair price or avoid paying too much.
What questions should buyers ask before attending an auction at Lake Martin?