Roebuck Auction Today

**JBB** · 07-12-2008, 01:53 PM

Does anyone know what the home in Preserve at Grayton brought today ?

**Geo** · 07-12-2008, 07:02 PM

I was there but I missed that one. But the 4 story house that hosted the auction had its highest bid at $6 million. I am told both seller and buyer both want to close so it will go for that or a little more...

**GTSViper** · 07-12-2008, 08:09 PM

The Preserve home went for $424,000 plus buyers premium.

**AAbsolute** · 07-12-2008, 08:50 PM

Originally Posted by GTSViper

The Preserve home went for $424,000 plus buyers premium.

Which house was it. Do you know the square feet, etc?

P.S. Did I see that you sold something recently for a little over 3.? JC

**elgordoboy** · 07-12-2008, 10:31 PM

Does a buyers premium get added on to the bid price when the home's official "price" is listed like at the PA site? So would this house show up as a qualified sale; and at $424,000 or $424,000 plus premium..say $466,000 if premium is %10?

**GTSViper** · 07-16-2008, 12:52 PM

Originally Posted by AAbsolute

Which house was it. Do you know the square feet, etc?

P.S. Did I see that you sold something recently for a little over 3.? JC

Yeah, sold my Bay home at 3.48m. Let me know if you see any steals on lots or homes.

**AAbsolute** · 07-16-2008, 08:29 PM

[quote=GTSViper;436949]Yeah, sold my Bay home at 3.48m. Let me know if you see any steals on lots or homes.[/quote

I want to be you when I grow up. Congrats, JC

**TN fan** · 07-23-2008, 08:04 AM

Yes, the sales price of a home bought at auction is the bid price plus 10%. That is the price that gets recorded. I was at the auction and that house sold for a high bid of $422,500 plus 10% for a total selling price of $464,750.