Real Estate Disposition Corporation
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Press Release

HISTORIC 11-DAY SOUTHERN CALIFORNIA 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 Southern California between April 5 and April 17, 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 Southern California:

Los Angeles and Surrounding Area Saturday, April 5, at the Long Beach Convention Center
Orange County and Surrounding Area Sunday, April 6, at the Anaheim Convention Center
San Bernardino and Surrounding Area Monday, April 7, at the San Bernardino County Fairgrounds
Palm Springs and Surrounding Area Tuesday, April 8, at Wyndham Palm Springs
Palmdale and Surrounding Area Wednesday, April 9, at the Antelope Valley Fairgrounds
San Diego and Surrounding Area Saturday, April 12, at Del Mar Fairgrounds
Pomona and Surrounding Area Sunday, April 13, at Pomona Fairplex
Temecula and Surrounding Area Monday, April 14, at Pechanga Resort and Casino
Bakersfield and Surrounding Area Tuesday, April 15, at Kern County Fairgrounds
Ventura and Surrounding Area Wednesday, April 16, at Ventura Fairgrounds
Moreno Valley and Hemet Area Thursday, April 17, at Riverside Convention Center

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 rock bottom 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.USHomeAuction.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

 
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