TULSA, Okla., April 19, 2011 /PRNewswire/ -- National Commercial Auctioneers (www.natcomauctions.com) announces a two-day real estate auction event to sell bank owned properties in South Texas on May 16 and 17, 2011, according to Stephen Karbelk, CAI, AARE, CEO & Founder.
"We have some outstanding opportunities for investors and end-users to purchase properties at auction," said Karbelk. "Many of these properties are offered absolute and will go to the winning bidder."
The auction features over 80 properties in Webb, Starr, Hidalgo and Cameron counties. These properties include commercial and residential real estate as well as multiple land offerings and building lots.
The auction for all Laredo properties will be conducted off-site at Embassy Suites in Laredo, Texas, on May 16 at 6pm. The auction for all other properties will be held at the McAllen Convention Center in McAllen, Texas, on May 17 at 4pm. Online bidding will be available both days at www.natcomauctions.com/tx for bidders who are unable to attend in person.
This auction event is being conducted in cooperation with Schrader Real Estate and Auction Co., Inc., and Fine & Company, LLC. Broker participation is offered and encouraged. For more details on how to receive property information packages, visit www.natcomauctions.com/tx or call toll free at (877) 895-7077.
National Commercial Auctioneers is a nationwide auction company that specializes in commercial sales for banks, special servicers, receivers, Trustee's and bankruptcy courts.
SOURCE National Commercial Auctioneers