![]() REDC Temecula Home Auction at the Pechanga Resort & Casino, April 14Published: Tuesday, March 18, 2008 Riverside County has had a vast amount of foreclosures which often end up as Real Estate owned property. Lenders that are faced with properties on their books not selling have to seek out methods of selling homes at bulk foreclosure Home Auctions have worked for previous declining markets. Temecula has had a couple of home auctions to liquidate homes in Temecula, Winchester, Murrieta, Menifee, Wildomar, and surrounding areas. Real Estate Disposition Corporation (REDC) is hosting a Temecula Home Auction which will be featuring 80+ REO home properties to be auctioned off from the Southwest Riverside County area. The venue for this Lender foreclosure home auction is Pechanga Resort & Casino which will be held on Monday, April 14, 2008. Doors open 5:00pm and the auction beginning at 6:30pm. The open house home tours for properties listed in the Temecula auction will be available for your viewing and inspection on the following dates: 3/22/08, 3/29/08, 3/30/08. Register for a FREE Open House Tour with an experienced real estate agent by calling 1-800-985-6594 ext. 300 or visit Community One Realty to have a licensed agent contact you to view properties listed in the April 14 Temecula Home Auction. Murrieta REO homes are a great buy in today's Southwest Riverside real estate market. At the upcoming REDC Pechanga Home Auction home buyers will find several Murrieta Foreclosure homes like this increadible buy show below. Winchester Lender foreclosure homes are at an all time rise with the recent slow down in the Riverside market which means that there are some fantastic buys for individuals looking to move to the Winchester and French Valley area. Dates and information are subject to change so please check the REDC website for any updates. Other Recent ArticlesHome Buyer Tax Credit Extended Until April, 2010Category: Recent Articles 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. 57,000 Foreclosures Remain in California – Lenders Scheduling More Home AuctionsCategory: Recent Articles Published: Thursday, December 03, 2009 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. Southern California Foreclosures Still the Bulk of Home SalesCategory: Recent Articles Published: Friday, November 27, 2009 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. March 2008
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