Irvine, CA (Vocus) August 3, 2010
One of the biggest foreclosure auctions in history — 1,500+ new foreclosures — rolls into Tampa on Monday for a 6:30 p.m. auction at the Marriott Waterside. Media is welcome. The huge 6-day, 8-city auction series, which is conducted by REDC, the nation’s leading real estate auction company, started in Ft. Myers Thursday with ensuing stops in Orlando, Miami-Ft. Lauderdale, Tampa, Jacksonville, Melboure, Ocala and Sarasota.
Media may shoot video/photos of any property and interview any bidders.
Entering this current Florida auction campaign, REDC auctioned 2,185 Florida foreclosures in 28 auctions this year for $ 98 million.
“This auction series is an amazing opportunity for first-time homebuyers, investors and homebuyers looking to move into bigger properties and pay lower mortgages,” says REDC CEO Jeff Frieden. “There are amazing properties in these auctions. They include million-dollar and half-million-dollar houses that homebuyers will be purchasing for as much as 50-60% less than the properties’ previous high value.”
To view all properties, go to REDC’s Web site, Auction.com.
Best Tampa auctions deals include:
8802 Cameron Crest Tampa, FL 33626 –3203 sq ft hse previously valued to $ 433,900; starting auction bid $ 89,000;
12340 Villager Crt Tampa, FL 33625 — 957 sq ft hse with a starting auction bid of $ 15K;
Remaining Auction schedule:
Aug. 3, Jacksonville Prime Osborn Convention Center, 6:30 p.m.
Aug. 4, Melbourne Hilton and Hilton Ocala, 6:30 p.m.
Aug. 5, Sarasota Convention Center, 6:30 p.m.
…. “The auctions help the local economy,” Frieden says. “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.”
Rick Weinberg | VP, Public Relations
Real Estate Disposition LLC| http://www.AUCTION.com
1 Mauchly, Irvine, CA 92618
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