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Special Report - Real Estate & Construction - September 27, 2012
County to auction foreclosed properties via Internet
Move to online service aims to reach broader market, increase sales

By Mike McLean
Of the Journal of Business

Spokane County will auction tax-foreclosed properties online for the first time, with the auction set for Dec. 3, says Mike Volz, the county's chief deputy treasurer.

The county treasurer's office has entered a contract with Silver Spring, Md.-based Bid4Assets Inc. to conduct the online auction.

"This reaches a larger audience," Volz says.

In the past, tax-foreclosed properties had been auctioned annually by the treasurer in the county commissioners' me...


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