HISTORIC 11-DAY FLORIDA HOME AUCTION ANNOUNCED. OVER 1,000 FORECLOSED HOMES MUST BE SOLD.

IRVINE, Calif. – Industry leader Real Estate Disposition Corporation (REDC) is once again forecasting a record-setting number of homes to be sold in what will easily be the largest home auction event in U.S. history.

REDC will host an 11-day public home auction throughout Florida between April 5 and April 24, 2008.  Over 1,000 homes are expected to be sold.

With rock-bottom prices and interest rates the lowest they’ve been in years, prospective home buyers are taking the opportunity to get a great deal on a home that was out of their reach just one year ago. REDC, which has already shattered its own record in home sales twice in the past six months, expects this auction to dwarf others in comparison.

REDC will be conducting the following auctions in Florida:

• West Palm Beach and Surrounding Area   Saturday, April 12, at West Palm Convention Center
• Miami and Surrounding Area                      Sunday, April 13 at Miami Convention Center
• Tampa and Surrounding Area                     Tuesday, April 22, at Tampa Convention Center
• Orlando and Surrounding Area                   Wednesday, April 23 at Orange County Convention Center
• Miami Area                                                     Thursday, April 24, at Miami Convention Center

Weekend Auctions will start at 9a.m. and weekday auctions will start at 5 p.m.

Jeffrey Frieden, CEO of REDC, says the economic tide has created a perfect storm for prospective buyers who haven’t seen such facility to purchase a home in recent years.

“I encourage anybody who’s serious about buying a home to attend these auctions in particular,” says Jeffrey Frieden. “With over 1,000 homes to be auctioned, first-time buyers, families and investors can buy homes at bargain prices. Interest rates are at historic lows and we have excellent financing options available right at the auction. The lenders who own these homes must sell them all immediately. The market place conditions are unprecedented and you won’t find more motivated sellers anywhere.”

Pre-Registration, detailed property information and important bidder information can be found online at www.Auction.com or by calling 800.793.6107, Monday-Friday 5:00 AM to 8:00 PM and Saturday-Sunday 7:00 AM to 6:00 PM. Those who plan on attending the auction can also jump-start the home buying approval process by pre-qualifying with their own lender or the auction company’s preferred lender. REDC’s preferred lenders provide easy financing at today’s low rates.

ABOUT REAL ESTATE DISPOSITION CORPORATION
Real Estate Disposition Corporation (REDC) was established in 1990 and is a leading Real Estate Auction Marketing firm in the foreclosed real estate auction industry. REDC has established a dominant position by selling over $ 2 billion in Real Estate assets including $1 billion since May 2006. REDC and its affiliates operate from their 60,000 square-foot national headquarters in Irvine, California, with additional offices and over 350 full-time employees throughout the United States

CONTACT:
Edgar Pagaza
Public Relations Manager
PHONE :(949) 465-8517
(949) 285-0814
EdgarP@landstaff.com