A new western Carolinas real estate auction service goes online Saturday with 27 golf community properties at the prestigious Cliffs Communities under the gavel. Add up all the minimum bids and more than $10 million is potentially up for grabs to the highest bidders. The operative word is "potentially" because the private sellers (no Cliffs developer properties are involved) are not required to accept the high bids. UpstateBuyers.com founder Jon Ball indicates that some after-auction negotiations are likely between the high bidders and owners. But with one property with a minimum bid of just $25,000, some offers are bound to be accepted without further ado.
You can bid or follow the bidding on the individual properties by registering at UpstateBuyers.com (it's free). Most of the properties, both home sites and re-sale homes, are part of the the Cliffs Valley community in the aptly named town of Travelers Rest, within a half hour of Greenville, SC. A second auction, scheduled for mid July, will feature re-sale properties from the Cliffs at Walnut Cove near Asheville. Properties from other developments, including those at Brights Creek, are expected to be included.
If you decide to register for the auction, please indicate you read about it here at Golf Community Reviews.