Attention Bargain Hunters! 140+ Ohio Foreclosed Homes to be Sold by REDC at Bargain Prices!

More than 140 foreclosed properties in Ohio -- including the exquisite house pictured below will be sold at auction Jan. 23 at 9:30 a.m. at the Crown Plaza Cleveland and Jan. 24 at 9:30 a.m. at the Millennium Hotel Cincinnati by REDC, America's leading real estate auction firm. All properties to be auctioned can be viewed at REDC's website, www.Auction.com. 
 
All homes are open for inspection 11 a.m. to 4 p.m. Jan. 9, Jan. 16, and Jan 17. 

Customers can view the complete list of homes with photos, auction details and online bidding information at www.Auction.com.

Consumers all over the country have been snapping up foreclosed homes at REDC events at astounding low prices, buying properties for 50%-60% off the previous high value. In 2009 alone, REDC auctioned 22,000+ foreclosed properties for $1.4 billion.

 "There is a fantastic selection of homes that must be sold," says Jeffrey Frieden, CEO of REDC. "The lenders and banks are very motivated to sell these properties to home buyers and investors, so expect rock-bottom auction prices."
Customers may register online for the auctions and pre-qualify for financing www.Auction.com.

Modern-day real estate auctions have gained tremendous appeal and popularity among buyers and sellers, even in today's difficult economic housing environment. In fact, auctions now play a major role in real estate sales with ever-increasing numbers of financial institutions, developers, and the public, making auctions the preferred choice over conventional, time consuming and expensive sales methods, according to Frieden.

 "Consumers are beginning to understand how beneficial our home auctions are," Frieden says. "People are walking away with spectacular deals.

"Today's low interest rates -- among the lowest in 40 years -- combined with low home prices have created a 'perfect storm' for home buyers. This is a very unique time in the real estate market," Frieden adds. "If you're thinking about buying, the best time to buy is now -- with low interest rates and low prices. Plus, many first-time homebuyers are eligible for an $8,000 federal tax credit through the rest of this year.* What better opportunity could there be? We urge you to attend the open houses, pre-register for the auctions and then attend the auctions, where you -- the consumer -- establish your own price."

Starting bids begin as low as $500. Easy financing is available at the auctions at today's low rates.

Auction.com is the web site of REDC, which was established in 1990 and is the leading Real Estate Auction Marketing firm in the country. The company has established a dominant position in its industry by selling more than $6 billion in real estate assets since May 2007, despite the nation's housing and mortgage crisis.
For more information, visit www.Auction.com.

* The above analysis of the new tax credits available to homebuyers has been provided by the National Association of Homebuilders (NAHB). Neither the Sellers nor Auction.com warrant the accuracy of the information or provide any guarantees as to its reliability. For more information regarding the homebuyer tax credit including conditions that must be satisfied for eligibility, visit http://www.federalhousingtaxcredit.com.