Auction Held For About 100 Foreclosured Homes In New York City Area

ELIZABETH, NJ - JUNE 20: An auctioneer from Hudson & Marshall takes bids during an auction for more than 25 foreclosed homes at the Renaissance Newark Airport Hotel on June 20, 2009 in Elizabeth, New Jersey. The homes are sold as-is, and the auction house recommends that bidders visit properties with a real estate agent before bidding. Winning bidders must put down a $2,500 down payment with either cash or a cashier's check made payable to the bidder. The company has auctioned 205 New Jersey homes this year and held two auctions of foreclosed homes. (Photo by Spencer Platt/Getty Images)
ELIZABETH, NJ - JUNE 20: An auctioneer from Hudson & Marshall takes bids during an auction for more than 25 foreclosed homes at the Renaissance Newark Airport Hotel on June 20, 2009 in Elizabeth, New Jersey. The homes are sold as-is, and the auction house recommends that bidders visit properties with a real estate agent before bidding. Winning bidders must put down a $2,500 down payment with either cash or a cashier's check made payable to the bidder. The company has auctioned 205 New Jersey homes this year and held two auctions of foreclosed homes. (Photo by Spencer Platt/Getty Images)
Auction Held For About 100 Foreclosured Homes In New York City Area
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Credit:
Spencer Platt / Staff
Editorial #:
88599447
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Getty Images News
Date created:
20 June, 2009
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Getty Images North America
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57736956