County moves foreclosure auctions online - Fox29 WFLX TV, West Palm Beach, FL-news & weather

County moves foreclosure auctions online

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By Chuck Weber

WEST PALM BEACH, FL (WFLX)-The next time Palm Beach County holds a foreclosure auction it will be online. Today the County Clerk's office staged its last live foreclosure sale in the courthouse cafeteria.

Mark Broderick of the Clerk's Office says going online should open the auctions to more people, tie up fewer employees, and allow for more sales per day.

The online auctions will work a lot like eBay. The system receives bids live, and you can see the price you have to beat.

"You can sit there and watch it," said foreclosure sale regular Meredith Corsillo, "or enter your price and leave. You may own a house by the end of the day."

Another auction regular, Bill Allen, who works with a team of investors, says he looks at online sales as a new opportunity. And he can stay home and bid.

"You get to have your coffee," laughed Allen. "Just sit at the counter and do it."

Palm Beach County's first online foreclosure auction is Thursday, January 21. To learn more, go to the Clerk's website, www.mypalmbeachclerk.com.

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