Charles Faircloth Estate Auction a Success

Well, success is a relative term. I think they sold everything, but are they going to be able to pay off his debts with what they made? I doubt it. Up for auction was around 150 total properties that ranged from off-the-beach townhomes to multi-acre beach-front tracts. Auctioneers John Roebuck and Chris Camp blew through the properties in right around 3 hours.

Click the “more” link for a list of some of the big properties sold and a sampling of some of the small ones.

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Charles Faircloth Estate to be sold in Auction Friday 3/14/2008

image sourced from roebuckauctions.com

On Friday, the estate of the late Charles Faircloth will be sold at auction at the Bay Point Marriott in Panama City Beach. Roebuck Auctions is holding the auction of more than 150 properties including anything from an 8+ acre beach-front tract to single family homes and one-off condos in occupied buildings/resorts.

It is estimated that the value of his estate is around $250 million.

Click the “more” link for info on the big tracts, details of when the auction is and who to contact if interested.

Continue reading “Charles Faircloth Estate to be sold in Auction Friday 3/14/2008”