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Remember 4217 Fremont Condos?  The developer for this 6 unit condo had sold two homes and turned the remaining homes into rental units.  Apparently, one of the owners is trying to sell the unit using a sealed bid auction but did not received any bids.  It seems to me that individual auction isn't as effective unless there's a critical mass grouped together.  Maybe someone in the real estate industry will start providing this type of service where every month, a whole bunch of condos get auctioned off. 

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