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No bidders for Vick house

Updated: Monday, 18 May 2009, 3:58 PM EDT
Published : Friday, 12 Dec 2008, 4:45 PM EST

SURRY, Va. - The house that was the headquarters for Michael Vick's dogfighting operation has again failed to sell at auction.

Auctioneer Tim Dudley said no qualified bidders showed up for today's auction of the five-bedroom house in Surry County.

The owner required bidders to bring a $20,000 cashier's check, but none of the seven people who showed up did so.

Developer Wilbur Ray Todd Jr. bought the house for $450,000 shortly after Vick was indicted on federal dogfighting conspiracy charges. At an auction last December, Todd rejected a bid of $747,000, which is the assessed value of the property for tax purposes but less than the $1 million Todd wanted. The house was put on the market but remained unsold.

Vick, the suspended Atlanta Falcons quarterback, is serving a 23-month sentence in the federal penitentiary in Leavenworth, Kan.

Dudley says Todd will work with potential buyers, but if the house doesn't sell, another auction may be scheduled in about three months. Todd, who wasn't presented for the auction, had set a minimum bid of $590,000.

Copyright Associated Press, Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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