Mike Brandly, AuctioneerNov 9, 20172 minThe UCC 2-328 Sentence #9 (of 9)UCC § 2-328 (Sale by Auction) only has nine sentences, but they all are widely misunderstood. Here we take a look at sentence #9,...
Mike Brandly, AuctioneerAug 18, 20102 minWhat does it mean to “buy something back?”A television station just today reported that banks were, “buying homes back” at foreclosure auctions taking place in their county. Late...
Mike Brandly, AuctioneerJun 25, 20103 minDoes anything sell at auction for less than market value?In our article about tag (estate) sales, we noted that at an auction, everything sells for market value. We made this statement without...
Mike Brandly, AuctioneerFeb 20, 20101 minAuctions and Forced SalesIn a forced sale, the property is being sold involuntarily. In other words, the property is selling at auction because of a court-order...