Housing Auction at Javits Center

NEW YORK - Hundreds of foreclosed home went to the highest bidder at a New York City auction. The auction was Sunday at the Jacob Javits Convention Center.

Watch the report from Fox 5's Lisa Murphy (video, left).

There were condos, single-family houses and duplexes in New York, New Jersey and Pennsylvania. Some were in good shape and some advertised as fixer-uppers, with problems such as mold, water damage and vandalism.

The auction was run by the Real Estate Disposition Corp . Sunday's sale was only the second one the company held in New York City.

Meantime, click on the links below for details of President Obama's mortgage relief plan and more information on foreclosures.

FINANCIALSTABILITY.GOV
USHOMEAUCTION.COM
RESOURCES FOR AVOIDING FORECLOSURE