OPEN HOUSE ANNOUNCED FOR UPCOMING DENVER FORECLOSED HOME AUCTION
IRVINE, Calif. – Thousands of registered home bidders will have the opportunity to view the homes they will purchase in the upcoming foreclosed home auction. Industry leader Real Estate Disposition Corporation (REDC) has announced that their final Open House will be held on Saturday, May 10 and Sunday, May 11 from 10 a.m. to 5 p.m. The following homes will also be on display for the media to shoot May 3 and May 4:
- Rim View Place, Parker, 80134
- 5854 South Espana Street, Aurora, 80015
REDC will kick-off its huge two-day Denver foreclosed auction event on Saturday May 17; over 300 homes are expected to be sold making it one of the largest foreclosed home auctions in Denver’s history. Homes that were previously valued at $1,100,000 will have starting bids of only $319,000.
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 year to dwarf others in comparison.
REDC will be conducting the following auctions in Denver:
| Crowne Plaza International Airport Hotel |
Saturday, May 17 at Meeting Hall A |
| Denver Marriott City Center |
Sunday, May 18 at the Colorado Ballroom |
* All weekend auctions start at 9a.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 300 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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