Foreclosed properties auctioned - WALB.com, South Georgia News, Weather, Sports

Foreclosed properties auctioned

By Jim Wallace - bio | email

ALBANY, GA (WALB) -  Dozens of people crowded the Dougherty County Courthouse steps Tuesday morning to buy foreclosed properties.

More than 50 bidders and their supporters crowed the Courthouse steps for the Sheriff's Tax Sale. County officials say it was the most bidders they've had in years.

163 properties in the city of Albany were auctioned, and 13 properties in Dougherty County.

This is the second time John Jackson was at the auction, trying to make smart investments.

"The economy like it is, property is cheap. Unfortunately people can't pay their bills, and the property is out there to get. So I am trying to take advantage of it," said Jackson.

The Sheriff's Tax Auction is held the first Tuesday of every month on the courthouse steps, and county officials say they are seeing more foreclosed and properties taxes are owed on being auctioned off.

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