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Bid4Assets on SeattlePI.com

KingCounty2Seattle used to be a two-newspaper city. The Seattle Times and the Post Intelligencer were around for a very long time, until the Post Intelligencer went entirely online about seven years ago.

Now SeattlePI.com, the transition to online has gone very well. They have an Alexa rank of 6,750, which is incredibly high for a local outlet.

So, it was nice to get some coverage for Bid4Assets.com on Tuesday on King County’s first-ever online tax-foreclosure auction:

Bargain hunters will have the chance to bid on more than 100 properties in King County’s annual tax-foreclosed property sale. And forget the auction house; buyers can now bid from anywhere, using an online auction platform.

The properties are in the auction because they have property taxes that are three or more years delinquent. Bids on these properties start as low as $1,990, and all auctions are without reserve prices, meaning that the properties will sell to the highest bid, at or above the minimum bid.

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