Jun
19

Buy Chicago Real Estate in your Pajamas

June 19, 2012

Auction ButtonTechnology continues to give us little reason to leave the house, even if you’re in the market for one. The new Auctions by ATG (Attorneys’ Title Guaranty Fund, Inc.) is an Illinois real estate auction that will provide the opportunity to bid live or online on a mixture of single-family and multi-unit properties with low opening bids and published reserve prices. The auction focusing on Chicagoland homes takes place June 22.

While there are other online auction sites, they are not quite like this one. Auctions by ATG provides users with extensive research and analytical tools to evaluate properties prior to auction, but it goes a step beyond by offering total transparency on the day of the auction. Registered online bidders can view live-streaming video of the auction and a live bid cast in real-time, allowing them to observe the auction and electronically submit their bids from anywhere.

“Auctions by ATG will provide the most transparent and dynamic auction process available today,” said Diana M. Peterson, executive vice president of Illinois real estate firm Auctions by ATG. “By utilizing the resources and relationships that ATG provides, we are confident that Auctions by ATG will be a market leader and provide excellent opportunities for investors and other property purchasers nationwide.”

According to Auction by ATG’s press release, the June 22 Illinois real estate auction will be a tax deed auction and feature 12 residential properties in the Chicago area. These properties were the subject of a property tax sale, which means the purchaser of the delinquent property taxes has the right to take the deed as the delinquent property tax payer no longer has a right to redeem. The winning bidder at auction will be assigned the right to take deed to the property, subject to court issuance of the tax deed. Insurable title and a circuit court tax deed will be provided to the winning bidder at closing.

“No other online auction process in Illinois currently has this capability,” said Peterson. “Our online bidding process delivers what so many investors today want – a totally transparent online bidding experience with the ability to follow and participate in the auction in real-time, online.”

If buying homes in your pajamas sounds like a great idea (and why shouldn’t it), visit Auctions by ATG to register to bid and join the mailing list to receive future Illinois real estate auction notices.

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About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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