Blockbuster Foreclosed Home Auction Features 80+ Denver Properties Irvine, Calif. -- Despite the tumultuous housing environment, families can still find the home of their dreams – and auctions are an ideal way of doing it.
More than 80 foreclosed homes throughout the Denver area will be auctioned Sunday December 7 at Crowne Plaza Denver International Airport & Convention Center at 10:30 a.m. by REDC, the nation’s largest real estate auction company, which has auctioned more than 23,000 foreclosed homes this year alone.
“This is a great buyers market that we are currently in, making it the perfect time for the public to get great deals on properties at our auctions,” says REDC CEO Jeffrey Frieden. “We have a huge selection of wonderful homes and we help buyers through each and every step of the process, ensuring a great experience and an effortless purchase."
The auction begins at 10:30 a.m. Registration is 9 a.m. The auction will be held in Ballroom A&B at the Crowne Plaza Denver International Airport & Convention Center, located at 15500 E 40th Ave., Denver. The public is encouraged pre-register for the auction online at www.ushomeauction.com or by calling 800-793-6107. Auction properties will be open for viewing and inspection on Saturday December 6 from 11 a.m. to 4 p.m. To see all the homes in the auction, visit www.ushomeauction.com.
Financing is available at the auctions with down payments as low as 5%. REDC also offers free loan pre-qualification through preferred lenders. Details can be found at www.USHomeAuction.com.
“With today’s low prices and low interest rates, it’s an ideal time to buy a home,” Frieden says. “This is a very unique time in the real estate market. It really is a ‘perfect storm’ for home buyers. If you’re thinking about buying, you can’t find a better combination than low prices and low interest rates.
"If you want to take advantage of today’s housing market, we urge consumers to attend this auction. We’re the only real estate auction company that has the ability to bring hundreds and sometimes thousands of lender foreclosed homes together in giant home auction events. The selection of homes at our auctions are unparalleled, and our volume business makes it easier for buyers to find that dream home or investment property at low auction prices.”
While it’s troubling that people have lost their homes through foreclosure, others are realizing their dream of owning a home through the auction process, Frieden points out.
“This is the bright side of today’s real estate market,” he says. “Our company turns these houses back into homes.”
With the enormous number of foreclosed homes available nationwide, the banks and lenders who own them are pulling out all the stops to get the properties off the books and back into private hands, and they are turning to REDC to sell the properties at rock-bottom auction prices.
“We work with the largest financial institutions in the nation to liquidate their foreclosed home inventory,” Frieden says. “The banks are very motivated to sell these properties and get them back in the hands of home buyers and investors, so expect to see some rock-bottom auction prices.”
“Auctions are the only way to buy real estate where the pricing starts at the bottom and works its way up,” he adds. “The auction is the only buying alternative where you can set your own price. That’s why we continue to see amazing deals at our auctions, one after another.”
About REDC REDC was established in 1990 and is the leading Real Estate Auction Marketing firm in the country. REDC and its affiliates operate from its 60,000 square-foot national headquarters in Irvine, California, with additional offices and more than 350 full-time employees throughout the United States. For more information, visit www.ushomeauction.com
CONTACT:
Rick Weinberg
Public Relations Manager
direct: (949) 639-3558
cell: (949) 648-3815
RickW@redcgroup.com |
