Evening journal., 1922-02-16
HOW TO BID FOR
union GARDENS
'Gerth's Realty Experts Give
Pointers to Prospective
Home Purchasers
PAY TEN PER CENT.
! AT TIME OF BUYING

Among hundreds OF inquiries re-
reeived at the dupont building Of
fees Of Gerth's Realty Experts,
aucuoneers, who have been direct
ed by the United States Shipping
Board Emergency Fleet Corporation
TO sell Union Park Gardens, on
Monday, Feb. 27. at one o'clock, in
the Auditorium, 706 west Eleventh
street, a large number contain re-
quests for pointers as to Just how
TO bid for homes at the auction sale.
Other inquiries sought further light
on the terms Of sale and the number
of types Of the houses among the
sos to be sold for the account Of the
United States Government for what
ever they will bring.
There Is nothing complicated
about the kind Of auction sale an
organization like Gerth's Realty Ex-
perts holds and there Is no detail
that is not simple and thoroughly
understandable. All bidders are on
equal footing, whatever their posi-
ton in the community, their earn
ing powers or the size Of their bank
accounts. There is no playing Of
favoritea Rather the unwritten law
of the real estate auction, which Is
strictly adhered to. prescribes that
everybody shall have an equal op-
portunity, which everybody does.
and which everybody shall when the
great United States Shipping Board
project Is sold under the hammer.
Gerth's experts give the following
suggestions;
The right way is for those inter-
ested to visit the property TO be sold
and not only study {. carefully but
inspect the section IN which II Is
located. The mex. thing TO do Is TO
get in touch wica someone who IS
familiar with rea, es.ate values and
obtain an expert opinion as TO what
the property is actually worth and
the price you should pay for 1t. The
next course to follow Is 20 determine
just whist you can afford 10 pay for
the property and just how much you
are willing to spend. Two points
must be considered in connection
with buying property. One Is buying
for a permanent home and the other
IS buying for investment.
Il Is important that prospective
buyers attend the auction sale early
on the day set and sit as close TO
the auctioneer as possible. II one
has any doubts about conditions or
terms governing the sale, one should
not hesitate to consult the ushers in
attendance.
AT the forthcoming sale at Union
Park Gardens the auctioneer will
announce the terms OF sale at one
O'Clock. Following this he will ask
for bids. After this the whole action
OF the sale will pass to prospective
buyers. AS soon as the auctioneer
asks for bids you should call out the
price you are willing TO give for the
property offered. Should somebody
bid higher hold your ground and go
i the other person one better. Never
i for an instant lose your nerve; never
/ for a moment get discouraged. Bear
1 in mind that there are hundreds OF
4 other houses to be offered. II pos
4 sibie obtain one Of the first houses
4 offered. as your chances OF buying
one grow less as the supply grows
smaller.
Should you be among those lucky
II enough to buy one OF more OF the
n beautiful homes at Union Park
II Gardens don't attempt to leave your
81 seat. Just as soon as the property is
knocked down" an usher viii come