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upcoming Motley’s auction
06/15/2006 9:21 PM by John M
You may have noticed the yellow ‘auction’ signs recently posted in the area. Motley’s will be holding a real estate auction that includes at least 13 neighborhood lots and houses on Tuesday, June 27th, at 6:00pm. Find out more, including listed properties.
TAGGED: real estate
There’s also a list of upcoming houses and lots that will be auctioned at http://www.ci.richmond.va.us/departments/RealEstateServices/propertybidnow.aspx. Also, I think buyers of empty lots must agree to build on the lot before they can purchase them.
Only certain of the lots have a development agreement attached to them.
The development agreement, for some houses and vacant lots, should slow down the recent infusion of plastic houses into historic districts, among other things…the agreement makes for a VERY interesting read. Does anybody know when the city instituted this procedure?