Zetabid to Auction 155 Foreclosed Homes in Michigan

DETROIT, Nov. 2 /PRNewswire/ -- Zetabid, the pioneering firm redefining home auctions in the U.S., today announced it will auction approximately 155 bank-owned homes in Troy, Michigan on Sat., Nov. 14.

Zetabid is auctioning single-family, multi-family homes, and condominiums with starting prices from $13,000 to $62,000. Many of the properties are located in Battle Creek, Detroit, Flint, Hazel Park, Jackson, Lansing, Muskegon, Saginaw, Westland, Waterford and Ypsilanti. The auction is being held at the Metropolitan Hotel, 5500 Crooks Road, Troy, Michigan. Registration starts at 8:30 a.m. and bidding begins at 10 a.m.

"The Detroit metropolitan area offers everyone from first time-home buyers to investors terrific deals on lower-priced properties," said Bob Bellack, Chairman of Zetabid. "Zetabid is expecting strong interest in this portfolio of bank-owned homes because of the affordability and upside in these properties."

Buyers can bid in person at the designated location or via Zetabid's worldwide Internet simulcast. Buyers can also bring their real estate agent to the auction event. Additionally, buyers can place an offer on a property before the auction by using the 'Buy It Now' form at www.zetabid.com.

Zetabid encourages buyers to view homes with a listing agent during its open house on Sat., Nov. 7 and Sun., Nov. 8 from noon to 4 p.m., or by appointment. Zetabid urges prospective buyers to carefully inspect properties before bidding.

About Zetabid
Zetabid makes it easy and convenient for consumers to purchase bank- and builder-owned homes at Zetabid's public auctions. A venture of the Los Angeles Times Media Group, GoIndustry-DoveBid and CataList Homes, Zetabid expands access to the inventory of residential properties sold at auction and opens up the real estate market to U.S. and international buyers. Zetabid offers the widest reach and greatest awareness of auction inventory through its national network of print, broadcast and online partners. For more information, visit www.zetabid.com or call 888.4.ZETABID (888.493.8224).