The phrase "auction properties" is correct and usable in written English.
It can be used when referring to real estate or items that are being sold through an auction process.
Example: "The auction properties included several luxury homes and commercial buildings that attracted many bidders."
Alternatives: "properties for auction" or "real estate at auction".
After completing legal default proceedings, banks typically auction properties on the steps of county courthouses.
He planned to contact the bidders, as well as those who had attended open houses in advance to view auction properties, to gauge further interest.
In the meantime, however, auction properties aside, this is currently the only home costing below the £100k mark with a London postcode listed on the main property websites.
In the past, developers and individual homeowners were loath to auction properties because of the air of desperation associated with the process.
And, while all auction properties were once derelict places in need of severe renovation, these days private sellers with nicely turned-out homes are risking a sale by auction.
"Watch the people sizing each other up: it's like, 'Hmm,' " said Barbara Corcoran, president of the Corcoran Group, a Manhattan real estate company, which plans to auction properties solely on the Internet.
This fall Sotheby's will auction property from his estate, featuring works by Giacometti, Calder, O'Keeffe and Rivera.
In April 2002, after lawmakers refused to provide money for the program, a justice in the state's highest court, Martha B. Sosman, ordered the state to auction property for the program or repeal it.
Auctioneers said the sale was the first of its kind, as Indian tax authorities usually auction property, gold and luxury items rather than art.
The ease of buying an auction property belies the difficulty of what comes next.
He said he expects the auctioned properties to sell for 40 to 45percentt below the asking prices of the first quarter of 2008, when the market peaked.
