Archive for the ‘Arizona Real Estate Auctions’Category

Buying Land For Sale At Auction Has Many Benefits

If you are in the market for purchasing land, there are different options available including – bidding at an online auction. Auctions accelerate the land buying process and make it easy for a potential buyer to purchase a piece of land that he or she is interested in. We will be discussing a few of the many benefits of buying land via online auctions.

Amongst the most important advantages of an auction is the seller’s commitment to a swift sale. Buying property is an important decision, which requires a lot of resources and time for researching and due diligence. Unlike traditional sales, auction sellers do not back out of the sale in the middle, leaving frustrated buyers and potentially causing financial harm. Auctions rule out uncertainty from the process.

Time stipulation is another important advantage of buying land for sale at auctions. A time is set after which no more bids are entertained, and the property is sold to the highest bidder. Unlike a traditional land sale, an auction sale is an accelerated process, with buyers knowing their fate in a month’s time or even less.

The best thing is that it is a level playing field for all the buyers. Every buyer has the same information and is competing in a fair manner to become the highest bidder at the strike of the virtual hammer.

With these benefits and more, why wouldn’t you want to place your bid for buying land at an online auction?

06

04 2016

Online Auction Newsflash

LAST CALL for the Online Auction in Peoria, Arizona

Yesterday, April 1st, was the Bid Deadline for the online auction of a luxury home in Peoria, Arizona. However, the property’s seller has invoked LFC’s patented LAST CALL® process in order to extended the Bid Deadline until Monday, April 5th. The auction’s current high bid is now published and every bid hereafter will be displayed in real time. If another bid IS taken before Monday’s deadline, the auction will be extended until Tuesday. These twenty-four hour extensions will continue until no more bids are placed.

I recently explained the LAST CALL® bidding process (which is currently running) in the online auction for commercial property in Orland, California and in that post, I wrote about the LAST CALL® bidding in another one of our commercial real estate auctions in Columbus, Ohio. In short, LAST CALL® was created to prevent people from losing an auction due to someone placing a bid in the final seconds before the deadline. Here is how I explained LAST CALL® in previous posts:

LAST CALL® protects bidders from auction sniping. If you are familiar with other online auctions sites such as eBay, you know that everyone interested in the auction waits until the very last second to place their bid. There is even software that will automatically enter a bid in the last millisecond of the auction, what we call “auction sniping.” LAST CALL® protects bidders by eliminating the possibility of “sniping.” Real estate is a rather large investment to make online and we strive to give all bidders a fair chance at winning. Understanding that real estate is a rather [heavily strategized move] to make online, we made the LAST CALL® extension increment 24 hours to give bidders plenty of time to deliberate.

I invite you to follow this auction closely as bidders compete for the property. You can join in the conversation and stay informed about this online auction by following us on Twitter. If you have any questions pertaining to LAST CALL® or this auction, feel free to leave a comment.

Happy Friday and good luck bidders!

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Open House Directory for Easter Sunday

It’s Easter Sunday on April 4th, and I just wanted to let everyone know that no open houses will be held for our luxury home auctions in San Clemente, Calif. or Peoria, Ari. this Sunday. However, both of the luxury homes we are auctioning in Dana Point, Calif. WILL BE OPEN on Easter Sunday.

If you want to know the remaining open house dates and directions for any of our luxury home auctions, all of the viewing schedules are posted on each auction’s property profile pages. Please see the following open house directory for more details:

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This Weekend’s Open House Directory

Open Houses will be held Saturday, March 20th from 1:00 PM – 4:00 PM & on Sunday, March 21 from 1:00 PM – 4:00 PM at the following locations. Please click on the images for more details about these online auctions.

  • The Strand at Headlands: 15 Whitewater, Dana Point, California 92629
  • The Strand at Headlands: 49 Beach View, Dana Point, California 92629

  • Sonoran Mountain Ranch: 28545 North 68th Avenue, Peoria, Arizona 85383

  • 431 Avenida Crespi, San Clemente, California 92672

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Coming Soon: Online Auction of a Luxury Home in Peoria, AZ

A beautiful home in The Ledges at Sonoran Mountain Ranch, a new master planned community in the thriving Phoenix suburb of Peoria, Arizona, will soon be featured in a MUST SELL® auction on FRE.com. The auction starts this Wednesday, February 24th, 2010 until it reaches the Bid Deadline on April 1st, 2010.

This luxury home was built by Camelot Homes, a renowned Arizona developer, and consists of more than 3,000 square feet, 4 bedrooms and 2.5 baths. Of course, the backyard has a gorgeous pool to help you escape the Arizona heat. However, there are plenty of highlights inthe city of Peoria that are worth checking out before the auction starts:

  • CNN Money ranked Peoria as one of the top 100 best cities to live in 2008
  • One of Peoria’s biggest attractions is the Peoria Sports Complex which hosts the spring training for the San Diego Padres and Seattle Mariner’s baseball teams.
  • Cool off from the summer heat at one of Arizona’s most popular lakes, Pleasant Lake
  • There are dozens of golf courses to choose from in and around the greater Peoria area

Touch base with us at our online auction site, FRE.com, this Wednesday to see the auction and to view the full viewing schedule.

Photo by redfive99 @ Flickr.com

Photo by redfive99 @ Flickr.com

22

02 2010

Prescott Arizona Land For Sale

14841 North Dragons Breath Lane, Prescott Arizona Land For Sale

Prescott Arizona Land For Sale

This homesite located in the Talking Rock development is approximately 0.58 finished acres. With beautiful views on the sixth fairway at the Talking Rock golf course, this property is a must have.

The full details for this Online Real Estate Auction can be viewed at FRE.com

Minimum Bid: $129,000

21

04 2009

Prescott Arizona Golf Course Property

14825 North Double Adobe Road, Prescott Arizona Online Real Estate Auction

Prescott Arizona Golf Course Property

Centrally located in the Talking Rock community, only select sites were reserved in this area for custom homes. With the golf course nearby on all four sides, and the Ranch Compound a short walk away, residents here are certain to enjoy all that Talking Rock has to offer.

Talking Rock is located just 20 minutes outside of the quaint Arizona town of Prescott, one of Money Magazine’s 2006 top five places to retire. Nestled among lush rolling hills, this 3,400 acre master-planned community rekindles the natural charm and spirit of the untamed Southwest. With a challenging golf course, miles of great hiking and magnificent views in every direction, Talking Rock offers something for everyone.

At the heart of the community, the Ranch Compound provides a place for residents and guests to come together, whether to spend some quality time on the 18-hole golf course; work up a sweat in the Barn Fitness Center; make a quick stop by Coops store for coffee and a newspaper; or to spend a few hours laughing over dinner and drinks at main Ranch House restaurant and bar. The developer of Talking Rock is also dedicated to living in concert with the natural beauty of this land. For this reason, planners of the rural community set aside more than 1,000 acres of land as natural preserve.

The full details for this Online Real Estate Auction can be viewed at FRE.com

Minimum Bid: $99,000

21

04 2009

Prescott Arizona Land For Sale

15670 North Silent Moon Lane, Prescott, Arizona Land For Sale

Arizona Land For Sale

Surrounded by stunning vistas and comfortably secluded from the neighboring highway, this beautiful area in the northeast corner of Talking Rock is marked by unmatched scenery, and tranquility.

Talking Rock is located just 20 minutes outside of the quaint Arizona town of Prescott, one of Money Magazine’s 2006 top five places to retire. Nestled among lush rolling hills, this 3,400 acre master-planned community rekindles the natural charm and spirit of the untamed Southwest. With a challenging golf course, miles of great hiking and magnificent views in every direction, Talking Rock offers something for everyone.

The full details for this Online Real Estate Auction can be viewed at FRE.com

Minimum Bid: $79,000

08

04 2009

Prescott Arizona Home For Sale

14800 N. Dragons Breath Ln, Prescott Arizona Online Real Estate Auction

Prescott Arizona Home For Sale

The elegantly-appointed ranch home at 14800 North Dragon’s Breath Lane combines the distinctive style of the American southwest, with all the comforts of modern home design. Living space measures approximately 2,663 square feet, with more than 1,200 square feet of covered porches adding to the outdoor experience. Situated at the end of a secluded cul-de-sac, 14800 Dragon’s Breath is steps away from the sixth-hole fairway.

The full details for this Online Real Estate Auction can be viewed at FRE.com

Seller’s Suggested Value: $900,000

25

03 2009