ATLANTA, GA--(Marketwire - 11/01/10) - Homes, home sites, land and a townhome will be among more than 65 bank-owned properties that will be sold at auction Thursday, Nov. 18.Marietta-based John Dixon & Associates will conduct the auction for several banks. Most properties will sell at absolute auction, with no minimum bid or reserve."Many of the properties are clustered in the southern and western parts of metro Atlanta, including Jonesboro, Riverdale, Forest Park, Dallas and Douglasville," said John Dixon, president of the company."We'll be selling a townhome in Austell, approximately 10 single family homes, and residential lots in several subdivisions around Atlanta. We also have some very attractive land parcels, including tracts in Coweta and Fullton counties that were slated for subdivisions, as well as a Heard County property with pasture land and a barn," he said.Dixon said the auction will provide opportunities for individuals, builders and investors, while getting the properties off the banks' books."Getting these sold will benefit everybody. Builders can obtain home sites at low prices now and be in an excellent position as the real estate market rebounds and demand for new homes begins to heat up. Young people can get into some nice starter homes at today's record low interest rates. Investors can expand their portfolios with attractive rental properties. And of course, the banks are eager to put these back into the hands of individuals," said Dixon.A full listing of the properties to be sold -- along with maps, photos and tax information -- is available at www.johndixon.com or by calling 800-479-1763. The live auction will be held at the Wingate by Wyndham Hotel Atlanta at Six Flags, 65 South Service Road, Austell. Online bidding will be available by prior arrangement.John Dixon & Associates, based in Marietta, Ga., is a leading auctioneer of bank-owned properties throughout the United States. More auction information.