Caller Times – Going once, going twice, going to be confused

The house on the 1200 block of Arnold was appraised at $40,000, and when it was foreclosed in 2004, the minimum bid was $8,029.

On paper, at least, it was the type of property that normally would draw the interest of many a sophisticated buyer.

Yet there were no apparent bidders. Public records show the house sold for the minimum bid — to the lender, Will Brinson of San Antonio, who doubled as the auctioneer.

He says he can’t remember whether anyone showed up.

To read the entire story, click here.

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