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Homes going on auction block

The federal Resolution Trust Corp. (RTC) will hold an auction of single-family houses, condominiums, townhouses, duplexes and triplexes, including 10 St. Petersburg properties, Saturday at the Marriott Westshore, 1001 N West Shore Blvd., Tampa. Registration begins at 11 a.m., and the auction begins at 1 p.m. No minimum bids will be set. Bidders must be certified in advance as affordable housing buyers. They may be certified between 2 p.m. and 7 p.m. Thursday at the Enoch Davis Center, 1111 18th Ave. S.

To be eligible, bidders are limited to a total household income of $33,600 or less for a two-person household or $38,640 or less for a three-person household. Larger households may have slightly higher income limits.

Each bidder should bring:

Proof of income, including wage verification such as a check stub, W-2 Form, tax return or an employer statement.

Information on additional sources of income.

Information regarding expenses, including current balance and monthly payment amounts for auto loans, credit cards or other revolving accounts.

A copy of a divorce settlement agreement, if appropriate

Certified people can attend the auction and place bids on the more than 50 properties in the area.

Successful bidders must post a $500 deposit in cash, cashier's check or certified check. Mortgage assistance will be available through Florida Housing Finance Agency, FHA/VA and the RTC.

The St. Petersburg locations are:

10033 64th Ave. N, No. 24

4132 Fourth St. S.

1625 58th Ter. S, No. 1

5245 45th Ave. N.

2334/2334{ Highland St. S.

2346 Grove St. N.

33 23rd St. S.

3829 11th Ave. S.

1921 48th St. S.

3081 21st Ave. S.

Call the St. Petersburg Housing and Economic Development Department at 893-7788 or auction information headquarters at (800) 743-7603.

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