Brownwood Lake Topics: you didn't have to pay to bid

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	Name:	John C -
	Subject:	you didn't have to pay to bid
	Date:	3/20/2012 9:16:37 PM

you didn't have to pay to bid, you just had to register with them or through a broker like me, and you could bid all you want, no cash necessary.

If the bank accepted your bid, you had to pay a 20% down payment on the spot.

To bid on the entire island, you had to bring a certified check for $50k to be held in escrow.