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Don’t Miss a Great Buy on our Foreclosed Auction Listings Available Through REDC on November 8th

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Published: Thursday, November 06, 2008

Real Estate Disposition Corporation - REDC will being conducting a real estate auction in Ontario November 8, 2008. The lots to be auctioned are foreclosures in Riverside and San Bernardino County. With opening bids for some properties starting off under $100,000 this is a definite opportunity to make some very profitable investments. The company has created a smart process for attendees to locate property affording them the ability to browse the inventory of homes via the Internet. With this implementation of technology bidders should not be disillusioned about the property condition. In fact REDC strongly advises all attendees to go out and physically inspect the property before bidding.


The inspection process should be done thoroughly; if at all possible the presence of a contractor is advised. Home are sold on an as is basis. If a buyer neglects to inspect the property, and later learns that there are serious issues with the home it is now the responsibility of the buyer. Keep in mind that many of the previous owners did not willingly sell their homes; all of these homes have fallen into foreclosure.


When you purchase one of the many foreclosure in San Bernardino or Riverside County do so with realistic expectations, knowing that some investment will be needed. However in the long run the investment made will prove to be a smart one.


If you would like to learn more about homes for auction in San Bernardino and Riverside County please visit www.REDC.com

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Home Buyer Tax Credit Extended Until April, 2010

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Published: Thursday, December 10, 2009

The federal tax credit has been extended to April, 2010, including an expanded benefit to existing home owners who sell their homes and then repurchase a new primary residence valued at $800,000 or less. This could be the perfect opportunity for buyers who wanted to cash in on home auction bargains but were fearful of lower resales on their existing homes.

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The Southern California foreclosures market may be shifting, with fewer homes entering foreclosure than in previous quarters. However there are still 57,000 existing foreclosures statewide that need to be sold, and lenders are looking at foreclosed home auctions as a major tool to sell large numbers of foreclosures in a short amount of time.

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Southern California foreclosures still account for the bulk of area homes sales and lenders are finding real estate auctions the fastest and most efficient method of clearing their books of REO properties. Buying a home at auction requires a little prep work, however and the experts at homeauctionexpo.com share their insight on how to find the best auction properties.

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About this Page: REDC will have host a home auction in San Bernardino County. Most of the homes for auction will be foreclosures in San Bernardino and Riverside County. All attendees should plan to thoroughly inspect the properties before bidding.