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Queen Anne High School condos up for auction

February 25th, 2009 by Miss Kitty

 Twelve remaining unsold units at Queen Anne High School Condominiums, 201 Galer St., Seattle, WA,  will go up for closeout auction March 22.  For those who can qualify for financing or have extra cash, this could be a good opportunity.  Buyers who arrange financing from Wells Fargo Home Mortgage and close within 30 days of the auction will get $2,500 toward closing costs.

Nine two-bedroom units previously priced from $474,950 to $599,950 will have minimum bids of $245,000 to $325,000; a studio condo previously listed at $254,950 is down to a minimum of $145,000; and a 1,432-square-foot penthouse is down from $999,950 to a $650,000 minimum.

The auction is scheduled to start at 1 p.m. at the Grand Hyatt Seattle, 721 Pine St. Beverly Hills-based Kennedy Wilson’s Auction Group, which is hosting, has scheduled a “how-to-buy” seminar starting at 1 p.m. March 15 at the Queen Anne High School Condominiums Auction Information Office, which is open from 10 a.m to 5 p.m. daily.

Check out the website that has information and answers to your many questions.

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