(Vocus) July 13, 2010

Local real estate agent and community advocate, Laura Hall, Broker of Casa Pacifica Homes, today announced the creation of a new information Web site for Los Angeles-area homeowners in distress. HollywoodHillsAvoidForeclosure.com contains vital facts about the options available to these homeowners, to help them make the educated decisions about their future.

“This site was developed with my community in mind,” Hall said. “When faced with the possibility of foreclosure, I’ve seen too many homeowners make poor choices, even walking away from their homes without calling their lender or a real estate agent. These people didn’t know the options available, or even how to find any information on their situation.”

“I want more for the people of Los Angeles, and more comes with making informed decisions. There are answers and up-to-date information on the site for people who just need some clarity.”

HollywoodHillsAvoidForeclosure.com acts as a hub for information on the facts and issues for struggling homeowners, putting all the necessary information in one, easy-to-use location. The information and materials located on the site are regularly updated to reflect market changes, trends, new lender requirements, and industry updates. The site contains a brief video and a brochure explaining the Obama Administration’s Home Affordable Foreclosure Alternatives (HAFA) program.

Million-Dollar Borrowers Defaulting
More than 14 percent — one in seven — borrowers with mortgages greater than $1 million have stopped paying them. Slightly more than 8 percent of mortgages of less than $1 million are delinquent, according to real estate analytics firm CoreLogic.

“The rich are different: They are more ruthless,” says Sam Khater, CoreLogic’s senior economist.

CoreLogic points out that the wealthy don’t seem to be particularly worried about the concerns of lesser earners like being sued by their lender or prevented from getting a mortgage in the future. Source: The New York Times, David Streitfeld (07/08/2010)

Alex Charfen, co-founder and CEO of the Distressed Property Institute in Austin, Texas, said that more than seven out of 10 homeowners in foreclosure proceed without any visible assistance.

“Agents with the Certified Distressed Property Expert® designation are helping distressed homeowners understand that there may be options available to them,” Charfen said. “Laura Hall has been trained to help homeowners avoid foreclosure, and this Web site resource to educate the community is a commendable public service.”

The CDPE designation provides real estate professionals with specific understanding of the complex issues confronting the real estate industry. Through comprehensive training and experience, CDPEs are able to provide solutions for homeowners facing hardships in today’s market.

Since launching in June of 2006, Casa Pacifica Homes has successfully connected home buyers with loans in a bundled pricing model. “In the beginning, our goal was to educate home buyers to make the home buying process less intimidating, while providing lower overall cost to the buyer.” Hall says. “With the current economic conditions, it is critical for distressed home owners to become educated about the strategies to avoid foreclosure in Hollywood and Los Angeles. Homeowners who are having issues are strongly encouraged to use the tools we provide on our site.” Laura Hall serves her neighboring homeowners in Hollywood Hills and the areas surrounding Lake Hollywood. She is a Hollywood short sale expert.

For more information about CDPE Designation, visit www.cdpe.com.
For more information on how to avoid foreclosure in Hollywood or two speak with a short sale expert, call (866) 55 HOMES or download a free report from the site, http://hollywoodhillsavoidforeclosure.com.

###

For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2010/avoid_foreclosure/prweb4250764.htm

New York (PRWEB) June 13, 2010 — Homeowners across the U.S. are still feeling the crunch from the housing bubble that hit the country back in 2008. A large number of homeowners have found themselves unable to make home mortgage payments, and many have lost their homes to foreclosure. In these hard times, getting your home loan modified may be the best option.

FHN Realty & Appraisal Loan Modification Services backed by the law offices of Spiegel & LaGarenne L.L.P, offers a promising solution to homeowners at risk of losing their homes. A loan modification is a contract between a lender and borrower to restructure the mortgage. It is designed to help struggling homeowners meet their financial obligations. FHN Home Loan Modification Services helps homeowners negotiate better rates with their lenders and avoid drastic measures such as foreclosure.

The team is led by Robert J. LaGarenne and Edward H. Spiegel, established real estate attorneys who have handled successful loan modifications. They have been in the business for over 20 years and have established contacts with all major American lenders. The rest of the team consists of experienced personnel, mortgage and real estate professionals, and hardship analysts, all of whom ensure full representation for homeowners in financial trouble.

The loan modification process starts with a financial review. The Loan Modification team will review the borrower’s financial situation and history, ask for supporting documents, and then will work out a customized negotiation plan. Also, where appropriate, part of the plan is to review the original loan documents for violations of the Federal Real Estate Settlement Procedures Act, which can be used as leverage during the appeal. The team then sends the application to the lender and begins negotiations.

FHN Home Loan Modification Department takes pride in its aggressive yet measured approach to the loan modification process. All clients are fully informed of their options, and are guided through the application from start to finish. Unlike others, FHN will keep negotiating until lenders make a reasonable offer. FHN has successfully negotiated interest rates to as low as 2.5%, and can STOP A FORECLOSURE SALE even after the homeowner has received the notice of sale.

The real estate crisis has caused a significant rise in loan modification applications, and subsequently in loan modification firms. But FHN Loan Modification Services has a clear head start and unlike many companies, is backed by attorneys with experience who can discuss all modification and legal options.

For free consultation or to start the loan modification process, homeowners can reach us at (516) 208-5454 or visit http://fhnra.com/home-loan-modification/

###

For the original version on PRWeb visit: http://www.prweb.com/releases/NewYork/Home-Loan-Modificaton/prweb4110764.htm

Irvine, CA (Vocus) June 11, 2010 — Foreclosure auctions have emerged as a red-hot trend as REDC, the nation’s leading real estate auction company, returns to the Southeast to help “fuel the local economy” by auctioning 500+ new foreclosures in Georgia, No. Carolina, So. Carolina, Alabama, Mississippi, and Tennessee, including many high-end properties. REDC has already auctioned 1,720 foreclosures this year in the Southeast for $60.3M.

Media is welcome to preview and cover the auctions. The auctions begin Saturday June 12 at 9:30 a.m. at Georgia International Convention Center in Atlanta. On Sunday June 13, there are two live auctions starting at 9:30 a.m.: Charlotte (NC) Convention Center and Sheraton Birmingham (Alabama). Monday June 14, REDC is in Savannah, GA for a 6:30 p.m. auction at Savannah Marriott Riverfront. The public may attend the auctions live or bid online for any property at REDC’s web site, Auction.com.

Media may shoot video/photos of any foreclosure prior to or after the auctions. Media may interview prospective first-time homebuyers prior to an auction at the properties they intend to bid on. At the auctions, there will be great visuals and photo opps. All bidders are available to interview.

“The auctions will fuel the economy in Georgia, No. Carolina, So. Carolina, Mississippi and Tennessee,” says REDC CEO Jeff Frieden. “When a house sits vacant, no one is paying a mortgage, property taxes, nor gas, electric and water bills — all of which hurts the local and national economy. But when REDC put a family into a home, they’re paying a mortgage, property taxes, gas, electric and water bills, and they’re creating jobs by hiring landscapers, painters and electricians - all of which fuels the economy.”

Best auction deals include:

1818 N Rock Springs Rd Atlanta, GA 30324 – 1982 sq ft, 4 BR previously valued to $440K that has a starting auction bid of $129K;

1002 Quaker Ridge Way Duluth, GA 30097 4 br / 4½ ba / 3,474 sq ft previously valued to $685K that has a starting auction bid of $139K;

945 Renaissance Way Roswell, GA 30076 — 4 br / 4½ ba / 4,062 sq ft previously valued to $520K that has a starting auction bid of $99K;

1921 Iverson Ln Waxhaw, NC 28173 – 9403 sq ft 14 room mansion previously valued at $2.35M that has astarting auction bid of $499K;

3021 Semmes Ln Indian Trail, NC 28079 – 2389 sq ft previously valued to $226K that has a starting auction bid of $59K;

208 Westcliff Dr Birmingham, AL 35226 – 1821 sq ft previously valued to $217K that has a starting auction bid of $29K;

3977 River Pointe Ln Birmingham, AL 35216 – 1042 sq ft that has a starting auction bid of $29K;

To see all properties, go to REDC’s web site, www.Auction.com.

REDC has auctioned a U.S.- leading 18,500 properties this year for $777 million and is in the midst of a record 125 auctions in 65 days.

The dismal state of foreclosures in the U.S. and the Southeast is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online. Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.REDC’s auctions have gained tremendous popularity among buyers and sellers in today’s market and now play a major role in property sales in the U.S. REDC has helped transform its industry, making auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.REDC also conducts commercial and notes auctions, which can also be viewed at www.Auction.com. REDC’s headquarters are in Irvine, California with offices in Dallas and New York.

Rick Weinberg | Public Relations
Real Estate Disposition LLC| @REDCgroup.com
Direct/Fax: (949) 639-3558 / Mobile: (949) 648-3815
If you would rather not receive future communications from Real Estate Disposition, LLC, let us know by clicking here.
Real Estate Disposition, LLC, One Mauchy, Irvine, CA 92618 United States

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/06/prweb4120004.htm

(Vocus) May 21, 2010 — For the second time in a month, and for the sixth time this year, REDC, the nation’s leading real estate auction company, returns to Florida to launch a five-day auction series featuring 350 new foreclosures in Orlando, Miami, Ft Lauderdale, West Palm Beach, Ft. Myers, Tampa, Jacksonville, including several million-dollar properties.

REDC has auctioned a U.S.- leading 15,500 properties for $700 million so far this year – including 1,650 in Florida for $76.3M — and is in the midst of a record 125 auctions in 65 days.

Media is welcome to preview and cover the auctions. Media may shoot video/photos of any foreclosure prior to or after the auctions. Media may interview prospective first-time homebuyers prior to an auction at the properties they intend to bid on. At the auctions, there will be great visuals and photo opps for you as a majority of the foreclosures are expected to sell, many to first-time homebuyers. All bidders are available to interview.

“These auctions will fuel the Florida economy,” says REDC CEO Jeff Frieden. “When a house sits vacant, no one is paying a mortgage, property taxes, nor gas, electric and water bills — all of which hurts the local and national economy. But when REDC put a family into a home, they’re paying a mortgage, property taxes, gas, electric and water bills, and they’re creating jobs by hiring landscapers, painters and electricians - all of which fuels the economy.”

Auction schedule:
Orlando Saturday May 22 at 9:30 a.m. at Orlando World Center Marriott;
Miami Sunday May 23 at 9:30 a.m. Miami Beach Convention Center;
Ft. Myers Monday May 24 at 6:30 p.m. at Harborside Events Center;
Tampa Tuesday May 25 at 6:30 p.m. at Tampa Convention Center;
Jacksonville Wednesday May 26 at 6:30 p.m. at Prime Osborn Convention Center.

Best auction deals include:

5124 Tuscan Oak Dr Orlando, FL 32839 — 2285 sq ft house previously valued to $340K that has a starting auction bid of $89K;

14109 Pipevine Ct Winter Garden, FL 34787 — 2961 sq ft 10 room house previously valued to $574K that has a starting auction bid of $89K;

505 N Ft Lauderdale Bch #701 Ft Lauderdale, FL 33304 — 1308 sq ft house previously valued to $1.1M that has a starting auction bid of $199K;

6986 Spyglass Ave Parkland, FL 33076 – 3811 sq ft house previously valued to $750K that has a starting auction bid of $99K;

20300 Ne 10 Ct Rd Miami, FL 33179 — 1908 sq ft 6 room house previously valued to $400K that has a starting auction bid of $69K;

9233 Aviano Dr Ft Myers, FL 33913 — 1174 sq ft house previously valued to $232K that has a starting auction bid of $59K;

8799 Spring Mountain Way Ft Myers, FL 33908 – 1654 sq ft house previously valued to $220K that has a starting auction bid of $29K;

10032 Tranquility Way Tampa, FL 33625 — 1908 sq ft 8 room house previously valued to $179K that has a starting auction bid of $29K;

11201 Cedar Hollow Ln Tampa, FL 33618 — 1481 sq ft townhouse previously valued to $216K that has a starting auction bid of $19K;

1605 Lorimier Rd Jacksonville, FL 32207 — 2046 sq ft that has a starting auction bid of $99K;

12659 Ashglen Dr N Jacksonville, FL 32224 – 1639 sq ft previously valued to $214K that has a starting auction bid of $49K;

To see all properties, go to REDC’s web site, www.Auction.com.

“Last month in Florida, the public walked away with great deals,” Frieden says. “New homebuyers, investors and homebuyers looking to upgrade to a bigger property for a small mortgage payment, bought some beautiful properties.”

In Orlando, for instance, 2558 Robert Trent Jones Dr #1415 Orlando, FL 32835 sold for $22,500 — 92% less than its previous high value of $254K; 9157 Lee Vista Blvd #203 Orlando, FL 32829 sold for $25K — 82% less than its previous high value of $135K; 321 Valley Dr Longwood, FL 32779 sold for $157,500 — 68% less than its previous high $370K value.

In Miami, the best deals were 2121 Ne 168 St #11 Miami, FL 33162, which sold for $22,500 – 87% less than its previous high value of $165K; 12833 Sw 20th Ter Miami, FL 33175 sold for $154,875 – 78% less than its previous high value of $680K; 1800 Ne 114th St #807-808 Miami, FL 33181 sold for $102,375 – 67% less than its previous high value of $309K;

Ft. Myers Deals of the Day: 10410 Carolina Willow Ft Myers, FL 33913 sold for $166,950 – 52% less than its previous high $342,750 value; 2612 Windwood Pl Cape Coral, FL 33991 sold for $223K – 60% less than its previous high valued of $542K; 12640 Equestrian Circle Unit 1907 Ft Myers, FL 33907 sold for $26K – 87% less than its previous high value of $197K; 2223 Sw 28 Ter Cape Coral, FL 33914 sold for $120,750 – 79% less than its previous value of $563K;

Tampa: 6907 20th St. Tampa sold for just $25K — 85% less than its previous high value of $160K; 6607 N Elizabeth St Tampa sold for just $28,500 — 77% less than its previous high $120K value; 10113 Lake Oak Cir
Tampa sold for $40K — 75% less than its previous high $155K value.

Jacksonville: 1631 N Market St Jacksonville, FL 32206 sold for $61,950 — 73% less than its previous high value of $156K; 7701 Timberlin Park Blvd #1522 Jacksonville, FL 32256 sold for just $35K — 73% less than its previous high $126K value; 403 W 17th St Jacksonville, FL 32206 sold for $20K — 72% less than its previous high $70K value.

“2010 is The Year of the Foreclosure,” Frieden says, referring to the three to seven million foreclosures hitting the market this year, double from 2009. “The market is white hot. The demand is there. So is the inventory.”

The dismal state of foreclosures in the U.S. and Florida is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online. Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.

“REDC’s real estate auctions have gained tremendous popularity among buyers and sellers in today’s market,” Frieden says. “In fact, the real estate auction industry now plays a major role in property sales in the U.S. As a result, REDC has helped make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.”
REDC also conducts commercial and notes auctions, which can also be viewed at www.Auction.com. REDC’s headquarters are in Irvine, California with offices in Dallas and New York.

Rick Weinberg | Public Relations
Real Estate Disposition LLC| www.AUCTION.com
Rickw(at)REDCgroup(at)com
Direct/Fax: (949) 639-3558 / Mobile: (949) 648-3815

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/05/prweb4030764.htm

Cape Coral, FL (Vocus) May 8, 2010 — A Gulf access estate pool home built by Monaco Estate Home builders, nestled in the most popular Cape Harbour neighborhood on a half-acre lot, will soon be available for sale as a bank owned foreclosure. Built in 2004, this home is a stroll across the street to Cape Coral, Florida’s Harbour Preserve at Cape Harbour. Zen Real Estate broker Robin Speronis alerts buyers of unique waterfront homes in Southwest Florida that this home now has it’s own web site (www.5426SW21stPlCapeCoralFlorida33914.com) and is a premier offering at what could be a rock bottom price.

“Bank owned estate homes in the Cape Harbour area are a rare find since most of these distressed homes are now sold as short sales,” says Robin Speronis, owner/broker of Zen Real Estate of Southwest Florida. “The challenge for buyers will be to catch this home as soon as it is listed on the MLS. A real-time MLS search engine is a must to have if you are buying in this market.”

The home is western exposure, 4 bedrooms, 4 1/2 baths and is 3,730 square feet. Located on the Diamond Canal, the list price is expected to be between $700,000 to $800,000. The 2009 Lee County assessed value is $943,720 and the 2009 taxes are approximately $20,000 with unpaid water and sewer assessments totaling $14,453.04.

The website www.AskZenRealEstate.com has details and pictures on this Gulf access home in Cape Coral, Florida. Broker Robin Speronis is also available to answer questions on this home as well as other properties in Southwest Florida through an integrated chat feature on the website.

# # #

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/05/prweb3979374.htm

Irvine, Calif. (Vocus) — Foreclosure auctions remain ‘white hot’ as Real Estate Disposition LLC completed its five-day Florida auction tour last night with $23.2 million in sales, the company announced today.

The $23.2M in sales is 50% more than REDC’s previous Florida auction series in March, which generated $15.5M in sales. “That illustrates the white-hot trend and success” of REDC auctions, says REDC CEO Jeffrey Frieden.

REDC’s just-completed Florida auction series featured 437 new foreclosures that were auctioned in Orlando, Miami-Ft. Lauderdale, Ft. Myers, Tampa and Jacksonville over the last five days.

REDC, the nation’s leading real estate auction company, has auctioned a U.S.- leading 10,300 properties for $539 million this year (1,750 in Florida for $70M) and is in the midst of a record 125 auctions in 65 days.

“We’re pleased with the results from the auction,” Frieden says. “First-time homeowners, investors and homeowners looking to upgrade walked away with some incredible bargains. The auctions were also a boost to the economy both locally and nationally.

“When a house sits vacant, no one is paying a mortgage, property taxes, nor gas, electric and water bills — all of which hurts the local and national economy. But when we put a family into a home, they’re paying a mortgage, property taxes, gas, electric and water bills, and they’re creating jobs by hiring landscapers, painters and electricians - all of which fuels the economy.”

Here is a list of the Deals of Day from the Florida auction campaign:

Jacksonville

1631 N Market St Jacksonville, FL 32206 sold for $61,950 — 73% less than its previous high value of $156K;

7701 Timberlin Park Blvd #1522 Jacksonville, FL 32256 sold for just $35K — 73% less than irts previous high $126K value;

403 W 17th St Jacksonville, FL 32206 sold for $20K — 72% less than its previous high $70K value.

Tampa

6907 20th St. Tampa sold for just $25K — 85% less than its previous high value of $160K;

6607 N Elizabeth St Tampa sold for just $28,500 — 77% less than irts previous high $120K value;

10113 Lake Oak Cir Tampa sold for $40K — 75% less than its previous high $155K value

Ft. Myers

10410 Carolina Willow Ft Myers, FL 33913 (2544 sq ft, 9 rm) sold for $166,950 – 52% less than its previous high $342,750 value:

2612 Windwood Pl Cape Coral, FL 33991 (3600 sq ft 12 room house) SOLD FOR $223K – 60% less than its previous high valued of $542K;

12640 Equestrian Circle Unit 1907 Ft Myers, FL 33907 sold for $26K – 87% less than its previous high value of $197K;

2223 Sw 28 Ter Cape Coral, FL 33914 sold for $120,750 – 79% less than its previous value of $563K;

Miami

2121 Ne 168 St #11 Miami, FL 33162 – sold for $22,500 – 87% less than its previous high value of $165K;

12833 Sw 20th Ter Miami, FL 33175 — sold for $154,875 – 78% less than its previous high value of $680K;

1800 Ne 114th St #807-808 Miami, FL 33181 – sold for $102,375 – 67% less than its previous high value of $309K

Orlando

2558 Robert Trent Jones Dr #1415 Orlando, FL 32835 sold for $22,500 — 92% less than its previous high value of $254K;

9157 Lee Vista Blvd #203 Orlando, FL 32829 — sold for $25K — 82% less than its previous high value of $135:

321 Valley Dr Longwood, FL 32779 sold for $157,500 — 68% less than its previous high $370K value;

The dismal state of foreclosures in the U.S. and Florida is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online. Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing. REDC’s real estate auctions have gained tremendous appeal and popularity among buyers and sellers in today’s market and now play a major role in property sales in the U.S., helping make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods. REDC also conducts commercial and notes auctions, which can also be reviewed at www.Auction.com. REDC’s headquarters are in Irvine, California with offices in Dallas, New York and London.

Rick Weinberg | VP, Public Relations
Real Estate Disposition LLC| www.AUCTION.com
1 Mauchly, Irvine, CA 92618
Email: Rickw(at)REDCgroup(dot)com
Direct/Fax: (949) 639-3558 / Mobile: (949) 648-3815

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/04/prweb3914004.htm

(Vocus) March 26, 2010 — $1M Foreclosed Weston MA House Among 60+ Foreclosures to be Auctioned Saturday 9:30 AM at Renaissance Boston Waterfront Hotel by REDC

Irvine, Calif. — A $1M foreclosed Weston, Mass. house is among 60+ foreclosures that will be auctioned Saturday March 27 at Renaissance Boston Waterfront Hotel by Real Estate Disposition, the nation’s leading real estate auction company.

The Weston property is at 193 Boston Post Rd is a 4,900 square foot 14-room property. Here is a link to the property — http://www.auction.com/property.php?auctionID=H-152&itemID=178249&venueId=1057&start=0&flgRemoved=0&flgEscrowed=0.

“This is a great opportunity for a homebuyer or investor to purchase a beautiful property in a highly deserable part of the state and country,” says REDC CEO Jeff Frieden.

Here are some of the other best potential deals in the auction:

300 Raleigh Tavern Ln North Andover, MA 01845 — 3219 sq ft 10-room property previously valued at $700K that has a starting bid of $119K (http://www.auction.com/property.php?auctionID=H-152&start=0&itemID=178250&srch=&flgRemoved=0&flgEscrowed=0).

2 Village Ln South Hamilton, MA 01982 — 1776 sq st 6 room house previously valued to $415K, starting bid $99K (http://www.auction.com/property.php?auctionID=H-152&start=0&itemID=176507&srch=&flgRemoved=0&flgEscrowed=0).

To see all the properties, go to REDC’s web site, www.Auction.com.

The auction is part of REDC’s record 125 auctions in 71 days. The company has auctioned a U.S.- leading 7,350 properties for $415 million so far this year.

“2010 is the year of the foreclosure,” Frieden says, referring to the three to seven million foreclosures that are hitting the market this year, doubling the number from 2009. “The market is white hot. The demand is there along with the inventory.”-

The dismal state of foreclosures in New England and the U.S. is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online.

Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.

“REDC’s real estate auctions have gained tremendous appeal and popularity among buyers and sellers in today’s market,” Frieden says. “In fact, the real estate auction industry now plays a major role in property sales in the U.S. As a result, REDC has helped make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.”

REDC also conducts commercial and notes auctions, which can also be reviewed at www.Auction.com. REDC’s headquarters are in Irvine, California with offices in Dallas, New York and London.

Contact:
Rick Weinberg
REDC Communications
949-639-3558
rickw(at)redcgroup(dot)com
www.redcgroup.com
www.auction.com

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/03/prweb3796054.htm

Irvine, Calif. (Vocus) March 13, 2010 — U.S. home foreclosure auction sales are red-hot as Real Estate Disposition, LLC, the nation’s leading real estate auction company, rolls into Dallas and Seattle on Saturday and then Houston and Portland on Sunday to auction 175+ fresh foreclosures.

All auctions start at 9:30 a.m. local time and are at Sheraton Dallas, Seattle’s Red Lion Hotel, Hilton Houston and Sheraton Portland Airport Hotel. For more details, go to REDC’s web site www.Auction.com.

The auctions are part of REDC’s record 125 auctions in 71 days. The company has auctioned a U.S.-leading 6,800 properties for $368 million so far this year.

“2010 is the year of the foreclosure,” REDC CEO Jeff Frieden says, referring to the three to seven million foreclosures that are hitting the market this year, doubling the number from 2009. “The market is white hot. The demand is there along with the inventory.”

To see all the properties up for auction, go to www.Auction.com. The public may register online for the auction.

Here are some of the best deals in the auctions:

6823 Hawks Nest Ct Dallas, TX 75228 – 3174 sq ft, 8 room house previously valued to $325K that has a starting auction bid of $25K;

5869 Dick Price Rd Ft Worth, TX 76140 – 2028 sq ft 9 room house previously valued to $179K that has a starting auction bid of $29K;

339 Mistywood Dr Houston, TX 77090 — 1623 sq ft 7 room house previously valued to $113K that has a starting auction bid of $19K;

373 Freeport St Houston, TX 77015 — 1890 sq ft, 7 room house that has a starting auction bid of $19K;

22700 28th Ave S #105 Seattle, WA 98198 — 1196 sq ft 7 room condo previously valued to $188K that has a starting auction bid of $29K;

4457 Preston-fall City Rd Fall City, WA 98024 – 2010 sq ft 8 room condo previously valued to $410K that has a starting auction bid of $129K;

2726 81st Ave Portland, OR 97206 — 980 sq ft 5 room house previously valued to $213K that has a starting auction bid of $25K;

2529 Sw Spring Garden St #4 Portland, OR 97219 – 881 sq ft 4 room condo previously valued to $182K that has a starting auction bid of $29K;

The dismal state of foreclosures in the U.S. is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online.

Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.

“REDC’s real estate auctions have gained tremendous appeal and popularity among buyers and sellers in today’s market,” Frieden says. “In fact, the real estate auction industry now plays a major role in property sales in the U.S. As a result, REDC has helped make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.”

REDC also conducts commercial and notes auctions, which can also be reviewed at www.Auction.com.

REDC’s headquarters are in Irvine, California with offices in Dallas, New York and London.

Contact:
Rick Weinberg
REDC Communications
949-639-3558
rickw(at)redcgroup(dot)com
www.redcgroup.com
www.auction.com

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/03/prweb3722194.htm

(Vocus) March 12, 2010 — U.S. home foreclosure auction sales are red-hot as Real Estate Disposition, LLC, the nation’s leading real estate auction company, rolls into Dallas on Saturday and then Houston on Sunday to auction 100+ fresh foreclosures.

All auctions start at 9:30 a.m. local time and are at Sheraton Dallas and Hilton Houston. For more details, go to REDC’s web site www.Auction.com.

The auctions are part of REDC’s record 125 auctions in 71days. The company has auctioned a U.S.-leading 6,800 properties for $368 million so far this year.

“2010 is the year of the foreclosure,” REDC CEO Jeff Frieden says, referring to the three to seven million foreclosures that are hitting the market this year, doubling the number from 2009. “The market is white hot. The demand is there along with the inventory.”

To see all the properties up for auction, go to www.Auction.com. The public may register online for the auction.

Here are some of the best deals in the auctions:

6823 Hawks Nest Ct Dallas, TX 75228 – 3174 sq ft, 8 room house previously valued to $325K that has a starting auction bid of $25K;

5869 Dick Price Rd Ft Worth, TX 76140 – 2028 sq ft 9 room house previously valued to $179K that has a starting auction bid of $29K;

339 Mistywood Dr Houston, TX 77090 — 1623 sq ft 7 room house previously valued to $113K that has a starting auction bid of $19K;

373 Freeport St Houston, TX 77015 — 1890 sq ft, 7 room house that has a starting auction bid of $19K;

The dismal state of foreclosures in the U.S. is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

In response to the millions of foreclosures hitting the market, REDC ramped up operations to auction bank-owned residential homes and condos, commercial buildings and notes in more than 47 states, both in live auctions and online.

Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash. REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.

“REDC’s real estate auctions have gained tremendous appeal and popularity among buyers and sellers in today’s market,” Frieden says. “In fact, the real estate auction industry now plays a major role in property sales in the U.S. As a result, REDC has helped make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.”

REDC also conducts commercial and notes auctions, which can also be reviewed at www.Auction.com.

REDC’s headquarters are in Irvine, California with offices in Dallas, New York and London.

Contact:
Rick Weinberg
REDC Communications
949-639-3558
rickw(at)redcgroup(dot)com
www.redcgroup.com
www.auction.com

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/03/prweb3723254.htm

Irvine, Calif. (Vocus) March 4, 2010 — Home foreclosure auction sales are white hot this year. Real Estate Disposition, LLC, (REDC), the nation’s leading real estate auction company, is auctioning foreclosures at a record pace this year and is showing no signs of slowing down this year. The company has auctioned a U.S.-leading 5,700 properties so far this year for $322 million. The company is in the midst of conducting a record 125 auctions in a 71-day span.

“2010 is The Year of The Foreclosure,” REDC CEO Jeff Frieden says. “This market is sizzling hot. The demand is there along with the inventory.”

This weekend, REDC has auctions in Atlanta and Phoenix, two of the nation’s hardest-hit foreclosure cities. The company is also conducting a national online auction featuring foreclosures all over the U.S. More than 650 foreclosures will be auctioned this weekend by REDC.

To see all the properties up for auction, go to REDC’s web site, www.Auction.com.

Between three to seven million foreclosures will hit the market this year, according to industry experts and media reports. Thousands of these foreclosures will change hands through REDC’s auctions, which directly impacts the local and national economy by helping to minimize the ramifications of another economic crash

“What’s great about the REDC auction process is that it is a big boost to the economy,” Frieden says. “When a house sits vacant, no one is paying a mortgage, property taxes, gas, electric and water bill, and they’re notcreating jobs by hiring landscapers, painters and electricians. When we put a family into a home, they’re paying a mortgage, property taxes, gas, electric and water bill, and they’re creating jobs by hiring landscapers, painters and electricians - all of which fuels the economy.”

The public may register online for the auction at www.Auction.com. REDC also conducts commercial and notes auctions, which can also be reviewed at www.Auction.com.

The dismal state of foreclosures in the U.S. is staggering. The State Foreclosure Prevention Working Group, which is made up of state banking regulators and attorneys general, released a report that reports, “Despite efforts of servicers, homeowners, and the government, the foreclosure crisis continues to worsen. These signs point to more foreclosures in 2010 than in 2009.”

REDC auctions have emerged as a hot new trend in home buying and investing, whether it’s residential, commercial real estate or notes, according to industry and media experts.

Industry experts refer to these new foreclosures as “shadow inventory” resulting from delays through a variety of means, including national and state moratoriums, loan modifications, legal squabbling, re-defaults and bank problems. There is fear that the avalanche of new foreclosures will cause another economic crisis.

Since its launch in 1990, REDC has helped tens of thousands of families and individuals purchase homes for affordable prices through its unique auction process, establishing the company as the global leader in real estate auction marketing.

REDC’s real estate auctions have gained tremendous appeal and popularity among buyers and sellers, even in today’s difficult economic housing environment. In fact, thanks to REDC, the auction industry now plays a major role in property sales. As a result, REDC has helped make auctions a preferred choice over conventional, time-consuming and expensive real estate sales methods.

REDC’s headquarters are in Irvine, California with offices in Dallas, New York and London.

Contact:
Rick Weinberg
REDC Communications
949-639-3558
rickw(at)redcgroup(dot)com
www.redcgroup.com
www.auction.com

###

For the original version on PRWeb visit: http://www.prweb.com/releases/2010/03/prweb3689074.htm