Residential Real Estate Auctions

The bulk auction of 10 home sites in Palmdale, CA has entered LAST CALL®; our patent-pending day-to-day bidding process.  The auction was scheduled to end on Thursday, April 21st at 5:00 PM, but online bidding extended the auction deadline. I’ve described the LAST CALL® process in previous posts, but here’s a brief explanation for those of you who haven’t had a chance to watch this exciting online bidding before.

Like other online auction websites, a lot of the bidding occurs in the final seconds of the deadline. As bidders rush to place their bids, LAST CALL® protects bidders from someone or some program from winning the auction in last millisecond.  This style of bidding at the very end is called “bid sniping” or just “sniping.” With LAST CALL®, the bid deadline extends 24 hours each time a new bid is placed so that bidders can take their time  to calculate their next bid. Bidders now have time to deliberate a knowledgeable and fair chance at winning an extremely strategized real estate purchase.

The current high bid for this auction is $348,333 and the Bid Deadline is scheduled to end this evening at 5:00 PM unless a new high bid is placed before the deadline. There are also a two commercial buildings located in Suisun City, CA that are currently in a Sealed Bid format that are also scheduled to end tonight so check out the auction webpage for more details, documents and photos at www.FRE.com/102.

Related Posts:

• Bulk Auction for 10 Residential Lots
• Homsite on the Big Island of Hawaii Up for Online Auction
• LAST CALL for the Online Auction in Peoria, Arizona
• Columbus, Ohio Bidding Frenzy
• Another LFC Property Moved to Online Bidding!

One of the newest auctions to launch on the Freedom Realty Exchange online market place is the bank-ordered bulk auction of 10 residential lots. These lots are located on the 18th hole of the Antelope Valley Country Club in Palm Dale, CA and five of the lots offer backyard views of the golf course. An average lots is  approximately 25,572 Sq. Ft. and the entire development is a total of  +/-5.9 acres. Originally intended as a gated community (still a possibility), these lots are semi-finished with all utilities brought to the site, including existing water meters.

This bank-owned property MUST SELL and the bank has set an aggressive Minimum Bid of  just $299,000! The Bid Deadline for this auction is coming up on April 21st at 5:00 PM PDT so check out the auction webpage for more details, documents and photos at www.FRE.com/102.

FRE.com is currently hosting two auctions for bank-owned homes in San Jose, California. his bank-ordered auction is a great opportunity to take advantage of bargain prices and purchase your next home in the highly desirable San Jose neighborhood of Willow Glen.

A small town in the middle of San Jose, Willow Glen offers quality schools and plenty of cultural and recreational activities. The community is lush with tree-lined streets, and the Lincoln Avenue downtown area features sidewalk cafes, Italian delis, home design stores and clothing boutiques. Despite the influx of corporate stores like Starbucks and Peets, most Lincoln Avenue stores remain locally owned and operated businesses, adding to the town’s charm.

Check out some details on the two properties below.

Auction #401-2: Beautiful Brand New Home

This gorgeous, brand new home sits on a private street just blocks from downtown Willow Glen in San Jose, CA. The 4 bed, 2.5 bath house consists of ±1,994 square feet and features a 2-car garage and high end materials throughout. The two-floor home features an open floor plan, hardwood floors, crown molding and wainscoting, and Milgard windows. The spacious master bedroom suite has a fireplace, walk-in closet, jetted tub and separate shower. The home’s kitchen features Alderwood cabinets, stainless steel appliances and slab granite countertops.

Auction #401-1: Remodeled Victorian Home

This beautifully restored and remodeled 3 bed, 2 bath single family residence consists of ±1,449 square feet of living space and features a detached garage and spacious open floor plan. The home represents a unique combination of old world charm with high quality modern amenities, including an impressive foyer, wood molding throughout, a new fireplace, remodeled baths, and hardwood floors. The gorgeous kitchen features cherry cabinets, glass displays, recessed lights, stainless appliances and slab granite countertops.

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:

• The Strand at Headlands: 15 Whitewater, Dana Point, California 92629
• The Strand at Headlands: 49 Beach View, Dana Point, California 92629
• The Ledges at Sonoran Mountain Ranch: 28545 North 68th Avenue, Peoria, Arizona 85383
• Overlooking the San Clement Golf Course: 431 Avenida Crespi, San Clemente, California 92672

Related Posts

• Developer of Ocean Front Estate in the Strand Turns to Online Auction to Deliver a Buyer
• Coming Soon: Online Auction of a Luxury Home in Peoria, AZ
• Online Auction of a Luxury Home on the San Clemente Golf Course

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

Related Posts

• Developer of Ocean Front Estate in the Strand Turns to Online Auction to Deliver a Buyer
• Coming Soon: Online Auction of a Luxury Home in Peoria, AZ
• Online Auction of a Luxury Home on the San Clemente Golf Course

The LFC Group of Companies is auctioning a Tuscan-inspired luxury home perched on top of the San Clemente Golf Course overlooking the Pacific Ocean on our residential auction website, FRE.com. The minimum bid of $1.295 million for this extravagant home is a full million dollars less than the previous asking price, attracting some serious buyer interest. With three bedrooms, a versatile fourth room capable of serving as either a bedroom or office, and three and a half bathrooms, this home is expertly designed to deliver true Tuscany ambiance while showcasing the serene views of this unique and highly sought after “SoCal” location.

For those of you unfamiliar with southern Orange County, San Clemente is a quiet beach town well known for its laid back surf culture and 1,296-foot long pier. San Clemente boasts two world-famous surf spots, Trestles and T-Street, that double as popular beach hangouts year round. If land sports are more for you, here’s a little snippet about the San Clemente Municipal Golf Course that describes its sprawling 18 hole course against a ocean backdrop:

The San Clemente Golf Club is a scenic, family friendly Championship 18 hole golf course where Fridays are still weekdays, walkers are still welcome and juniors are always ¬? price. Owned and operated by the City of San Clemente, the course is located approximately one mile from the Pacific Ocean and features ocean views from a number of holes. Named “Best Value in Orange County” in 2008, the rolling hills and relaxed atmosphere of the “Muni” have remained popular with local golfers for over seventy five years.

Traveling to and from San Clemente is easy and convenient, easing the burden of a daily commute. The San Diego Freeway runs parallel to San Clemente, making freeway access a breeze, and there is also an Amtrak train station in town for those looking for a more scenic, relaxing route to travel up and down California’s coast.

The Bid Deadline for this property is April 15th, 2010. If you are looking to capitalize on a spectacular opportunity in this buyer’s market, I encourage you to come visit the online auction at FRE.com for all of the property details and documentation.

Photo Credit: typicalmacuser @Flickr.com

The LFC Group of Companies, the industry leaders in the online auction marketing of real estate, is proud announce their latest auction campaign on the company’s residential auction website FRE.com: a luxurious oceanfront estate in Dana Point’s The Strand at Headlands, southern California’s last and most exclusive beachfront community. The developer of Vista al Mar, an exquisite Santa Barbara-style custom beach home once priced at over $15 million, has set an opening bid of just $7.5 million.

If you would like to continue reading this story about our newest online auction, click here. Or, you can visit the online auction webpage at FRE.com.

As the LFC marketingteamis busy preparing for our most extravagant online auction to date, I wanted to sharesome important details concerning our newest auction.

The auction for this luxurious custom estate begins onJanuary 22 andwill be held entirely online at our residential real estate website, FRE.com. That is all I can say about this exquisite coastal mansion for now, but here is some info about the home’s spectacular location in southern California’s Dana Point.

The beach town of Dana Point is situatedbetween Los Angeles and San Diego in south Orange County. Encompassing less than seven square miles, the small town of Dana Point has a well-deserved reputation for easy living, and is set against a romanticbackdrop of rolling hills and coastal bluffs.Here a few highlights to check out before we can pass alongmore specificdetails next week:

• Newly opened walking trails and funicular at The Headlands
• The Festival of Whales
• The Dana Point Harbor and its several amenities such as:
  • Two marinas
  • The Ocean Institute
  • Dozens of restaurants
• Famous beaches and surf spots like Salt Creek and Doheny State Beach
• Dozens of public parks
• The award winning Dana Hills High School

Check back in with usfor a newpost about this property next week. We’ll also have a post up explaining the differences between reserve and absolute auctions.

Photo Credit: by buzzjackson

Photo Credit: by Tom Lowe @ Timescapes

I recently wrote a post about a few highlights surrounding the area of our condo auction in Newport Beach, California. Our company’s headquarter just so happens to be located in this famous Southern California city, so bear with us while we touch on why we love it here.

For starters, the condos are situated on the historic Newport Harbor, just off of the Pacific Coast Highway. The harbor is famous for its quaint Balboa Island community and the ferry that connects beach-goers to the Newport Peninsula. Once a year the City of Newport Beach hosts its annual Newport Beach Christmas Boat Parade, hailed as “one of the top ten holiday happenings in the nation” by the New York Times. There are also dozens of casual and luxurious restaurants scattered around the harbor’s rim, many of which specialize in fresh fish.

As you venture out through the mouth of the harbor towards the sea, beautiful sandy beaches span southward to Laguna Beach and northward to Huntington Beach. Newport’s beautiful beaches are routinely ranked amongst the cleanest in the country, and the picturesque coastline is home to world famous surfing spots such as the Wedge and the Balboa Piers. Aside from white sandy beaches and a bustling harbor, Newport Beach offers a variety of shops and stores offering some of the world’s finest couture and designer brands.

Only a few miles away, are the South Coast Plaza and Fashion Island shopping centers. Here you can find all of your department stores along with all of the world class designer brands you would expect to find in Orange County such as Burberry, Gucci, Louis Vuitton, Prada, Coach, Ralph Lauren, Hermes, Christian Dior, and Chanel are just a start to a fabulous shopping spree.

While Winter is just kicking into gear in most parts of the country, Southern California remains wonderfully temperate. Take advantage of the gorgeous weather and come check out the luxury condos to see what “SoCal” coastal living is all about.

There is a broker preview tomorrow from 11:00 AM to 2:00 PM and an open house this Saturday from 1:00 PM to 4:00 PM.

If you can’t make it out this weekend, not to worry. The viewing schedule, property documentation and an array of photos are up on our online real estate auction website, FRE.com, for your convenience.

Photo Credit: dr14305 @ flickr.com

Photo Credit: cbirk_79 @ flickr.com

While taking on the responsibilities of social media for our company has become the highlight of my work, sometimes good old fashioned manual labor comes with the job of being the communications manager. I am also in charge of managing the majority of outdoor signage, and when we host auctions locally that means I get to do the advertisement installations myself.

I love working with my hands and being active, not to mention getting outside to enjoy the warm weather and California sunshine. On top of installing our company’s generic signs, the company founder and chairman is a huge advocate for any kind of guerrilla marketing we can implement into our auction advertising.

For example, I have had to go as far as putting up 40 directional signs for a single home during its open house and I have also designed advertisements for a truck to do some mobile marketing.

Some ideas work and others do not. But the beauty of Guerrilla marketing is that it’s cheap to do and does exactly what an advertisement is supposed to accomplish; to grab people’s attention.

Take a look at this ad I saw on http://billboardom.blogspot.com from a printer company in Paris, France Billboard for printer made with sheets of paper.

The City of Newport Beach is hosting its 101st Christmans Boat Parade this year and the parade does a u-turn right in front of the condos we are auctioning. We are allowed advertise on the seller’s yacht and I had a very interesting experience trying to get the signs up in a hurry.

Here are a couple of shots from the yacht ads but I want to know if you have done any crazy guerrilla advertising before! Should we have gone for more festive colors or maybe even added Christmas lights instead of our traditional yellow and black combo?

*****

About this author: Casey Flynn is the Communications Manager for the LFC Group of Companies. He also coauthors on CommercialAuctionListings.com and RealEstateNoteAuctions.com. You can follow his Twitter account @LFC_Auction.