Updated: Tuesday, 28 Apr 2009, 1:42 PM CDT
Published : Tuesday, 28 Apr 2009, 1:31 PM CDT
MOBILE, Ala. - There was a pretty big turnout for the foreclosure auction at the Mobile Civic Center Tuesday.
Investors and people looking to buy their first home, or summer a home, all came out hoping to find a buy.
Homes and condominiums from Mobile and Baldwin County were auctioned off.
Lee Eckels said he was happy with his winning bid of $80,000. He said it's an investment property in Elberta.
Ron Coleman, a Mobile investor, said he won a bid on a condominium in Gulf Shores for $67,000.
Charles James of Mobile said he wasn't surprised at the low prices. With the all the problems he's heard about in the housing industry, he was expecting to get a good deal.
The sellers will have 14 days to decide if they will accept the winning bids.