Let the bidding begin: Town of Seneca up for auction
Rather than listing the town of Seneca for sale on eBay as they originally planned, the owners decided to hold a lawyer’s auction, which will be conducted via email, snail mail and phone. Bidding opened up Dec. 24 and will close Feb. 15; however, if bidding seems to have reached a cap, the owners will chose a winner early.
To ensure only seriously committed buyers bid, the terms of the auction require every potential buyer to put a $5,000 down payment in a pre-established escrow account prior to placing his or her first bid.
Emails will go out to every bidder whenever a counteroffer is made. Updates will also be available at the town’s newly established website, SenecaGinMill.com.
Seneca is a registered California corporation, the rights to which are also up for sale.
Anyone interested in bidding should email Jeff Potter at email@example.com for complete details and a bidding package. Information is also available by calling co-owner Jerry Manpearl or Potter at 310-458-7213 or 517-347-1689, respectively.
“Anyone who bids should be prepared to win … Easy, simple, reliable, no overhead, no fuss.” said Potter.