Auction for flooded homes

Auction for flooded homes


in just under an hour an auction gets underway with half a dozen flood damaged homes going up on the block that damage from Harvey and/or previous storms it’s something a lot of people are gonna be watching especially families living in those neighborhoods looking to see what their flood damaged homes are actually worth our Robert Arnold joining us live in mire land with the story that auction is gonna take place at the Hilton Galleria area Hotel off the southwest freeway the man running the auction says those trying to sell their homes this way are hoping to get higher offers than going a more traditional route they got started in September if anyone understands the trials of rebuilding a flooded home we got sores ripped out about the sheetrock down it’s Roseanna Hodgkiss it’s just been subcontractors and contractors and just taken a long time Hodgkiss has no plans to move from the mire land home she’s enjoyed for nearly four decades although she does understand why some would want to leave the area still she was surprised to see a handful of these signs posted in the front of other homes so I would think that’s kind of a last-ditch effort and I’m not really understanding why they would do that about a half dozen flood ravaged Maier land homes are being sold at auction the man running the auction Paul Lynn tells us these owners are worried the sale of their homes will get tied up in lowball offers and believe an auction will yield a buyer willing to pay a higher price Hodgkiss admits she saw her home value dip after Harvey the prices are not what they were pre Harvey comment when you say they’re down for you I would say about 50,000 but she’s not worried Hodgkiss believes home prices will rebound until everybody gets done and they don’t see all the piles of stuff that’s and we get back to normal then I think it will increase again now as you say a lot of people are gonna be watching the outcome of this auction which gets underway in roughly about 45 minutes suggested opening bids range from 150 to 400 thousand dollars 40 live from Ireland Robert Arnold KPRC Channel 2 News and we have a link to those homes up for auction tonight it’s in Roberts story on the homepage click2houston.com

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