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To start off the New Year the Real Estate Disposition Corporation (REDC) is auctioning off over 190 foreclosed homes in San Diego, Imperial and Eastern Riverside Counties. There will be homes at this auction that were previously valued at $480,000 and the starting bid is a mere $89,000 and financing is available.

This is truly a buyers market from the first time home buyers perspective to the most advanced investor. Buying at a home auction can be a fun and overwhelming experience. You have to make sure that you are prepared prior to going to the auction. All of these homes are sold "as is" which means the condition that the property is in is what you will buy into. All homes at the home auction are up for inspections several weeks prior to the Auction date allowing you to complete a thorough investigation of the property. This also allows you to question neighbors, do drive bys of local businesses to determine if this is the right buy for you now and for the future.

It is important as a buyer to make sure prior to going you have made up your mind on the maximum bid for the property or properties that you have inspected and would like to purchase. Real Estate Deposition Corporation will provide you with a schedule of the homes auctioned off so that you may know the order and procedure to make sure you are aware of when your desired property will be up for bid. Announcements are key for updates, adds or deletes. Each Auction company is different on their registration and requirements for biding make sure you do a thorough investigation on what they would like you to bring to the Auction. For example, most would like you to bring a positive form of identification, social security card, and a cashier's check. These essential items above allow for the registration staff to assign you your bidding paddle or bidding number.

If you are serious about picking up some of these great deals You need to be ready to arrive promptly as seating is usually arranged by first come first serve. If this is your first auction to be attending you may want to find a seat near the speakers, screen and auction staff.

Real Estate Deposition Corporation is presenting Californian buyers with a five day auction located in several different areas beginning with the first one in San Diego and the last being held in Riverside County. If you are a buyer that is looking for a home in Riverside you may want to consider attending both of these auctions due to the San Diego Auction having several Murrieta homes and Temecula homes.

Please stay tuned for updates and further information that will benefit you in the upcoming Real Estate Deposition Corporation Foreclosure Auction also known as www.UsHomeAuction.com and future auctions coming to an area near you.