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U.S. Marshals Service Sells Bernie Madoff’s Palm Beach home for $5.65 Million

Dennis Norman

The United States Marshals announced that they have completed the sale of Bernard Madoff’s residence in Palm Beach,Florida. The property was first listed for sale on September 1,2009 with the Corcoran Group and,after receiving multiple offers,was sold on October 15,2010 for $5.65 million.

To see the listing [...]

U.S. Marshals Service Asset Forfeiture Real Estate to be sold at auction

By:Dennis Norman

That’s right,just like you see advertised on late-night infomercials and in online ads,you can buy property that has been seized by the U.S. Government!  Some of the ads I’ve seen indicate you can buy “homes for 1 dollar”for “pennies on the dollar”,etc.  I’m not so sure about that,[...]