9 Million Dollar Real Estate Liquidation Auction
Salton Sea, CA (PRWEB) July 28, 2007 -- As a result of recent marketing trends, a major home builder in conjunction with Auction4Home.com and Surf and Country Real Estate will conduct a total inventory dispersal auction in Salton City, CA. The absolute auction sale will offer 48 custom homes - with upgrades.
For first time buyers this is an opportunity to own a home with monthly payments as low as $998. Total closing costs are less than $1,400. These are brand New Homes from 1,300 sq. ft. to 1,626 sq. ft. With upgrades. Bids Starting As Low as $75,000. Counselors will be on hand offering 100% financing.
This is also a chance for investors to purchase Southern California rentals with a positive cash flow.
Models will be available for inspection online. Physical inspection will be 10:00 am to 2:00 pm Saturdays/Sundays prior to Auction day and two hours prior to auction.
Location: The Dome in Salton City. Models can be seen at 1362 Curtis Ave in Salton City
Date and Time: Saturday, August 4, 2007 10:30 am
Terms: Country Wide Loans, Mortgage Loans, Bank Cards, Cash, and Credit Cards. Absentee Proxy bids accepted by credit card or cash deposit. Bid Card will require $500 refundable deposit
Registered bidders will have opportunity to win Dune Buggy, Cash, Vacations, and gifts.
As the housing market cools and selling a house gets harder and takes longer, more homeowners are turning to residential auctions to sell their property. The National Auctioneers Association (NAA) reports that $14.2 billion worth of residential real estate was sold at auction last year. "Who really knows the value of your home? With an auction, you get a higher price- fair market or better. And you get it sold quickly with minimal showings", says Mark Whitehead of Surf and Country. And he should know. Mark is the third largest individual broker, in dollar sales, in the state of California. Auctioneer LJ Kindred says "a real estate auction is the very best way to bring motivated sellers and motivated buyers together".
For more information, contact:
Tom Seymour, CCIM
858-518-1900
Art Orozco
Loans Country Wide Loans
949-287-1132
Se Habla Español
Website: www.auction4home.com
888-387-6437
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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.
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