Potential bidders took advantage of this great luxury estate homes buying opportunity, which was held at the Marriott Del Mar Hotel in San Diego. Over 100 bidders attended the sale.

We are known for our published reserve auctions,” says Rhett Winchell, President of Kennedy Wilson Auction Group. “It creates a lot of interest because buyers know that the homes will sell at or above the reserve prices. Everyone is focused on these properties because everyone wants a deal. The seller was very pleased with the auction results, selling his entire inventory in one day. The rapid sale of the homes is a clear indication of the great demand for quality housing options in San Diego area, and also of the interest auctions are continuing to generate in today’s market,” continued Winchell.

Auction info www.kennedywilson.com

The Company confirmed that it reached an agreement to sell the nearly 12,000 acres in Union and Crittenden counties in western Kentucky, known as the “Sturgis” property for $24.583 million, after previously rejecting a high bid of $23.9 million submitted Saturday, November 8 during the live auction.

The November 8 auction, was the third and final event in a widely publicized three-day auction of Kimball timberland.

Kimball had retained Woltz & Schrader Auctions to conduct the land sale. A series of three auctions were held November 6, 7 and 8. Small bidders dominated the first day’s auction held in French Lick, Indiana, resulting in the sale of 9,426 acres of southern Indiana land to 72 different buyers for a total sale of $15.780 million. The second day’s auction, held in Brandenburg, Kentucky, again saw wins by individuals and smaller buyers with 15 buyers purchasing 5,994 acres for a total of $10.243 million.

More info www.kimball.com

Most of the land is located along S.R. 70 and S.R. 68. Other properties being sold include:
– Four “ranchette” tracts of approximately 9.37 acres each along Brocksmith Road.
– A fenced pasture of approximately 160 acres fronting on Sneed Road, with two six-inch Artesian wells and micro-jet irrigation piping.
– A fenced pasture of approximately 39.31 acres with a six-inch Artesian well and 1,331 feet of frontage along Kelly Road.
– A fenced pasture of approximately 39.26 acres with approximately 1,330 feet of frontage on Kelly Road.
– A fenced pasture of approximately 81.5 acres with 1,298 feet of frontage along Okeechobee Road.
– A fenced pasture of approximately 70 acres with frontage on Godwin Road and Canal #44.

For more information about the properties phone 800.451.2709 or visit www.schraderauction.com.

The multi-million dollar home will be auctioned Dec. 9. Other residential properties in the portfolio will be sold Dec. 10 and include a 2,600-square-foot, eighth-floor penthouse condominium in Lincolnwood, Ill. with panoramic views of downtown Chicago, originally priced at $429,900 and sold subject to a minimum bid of $235,000. A newly-built three-bedroom single-family home in west suburban Plano, originally priced at $193,000, will be sold with a minimum bid of $125,000.

Open houses for the properties will take place in November. Interested bidders can contact Inland Real Estate Auctions at (630) 990-5353 to obtain the open house schedule and the bidder’s information package along with the terms of sale.

Auction info www.inlandgroup.com/ireac/

The three-day auction was scheduled to continue Friday in Brandenburg, Ky., with the sale of 6,031 acres. It will conclude Saturday in Sturgis, Ky., with the sale of 11,759 acres, including the famous “Game Trails” hunting property that has been featured on numerous outdoor programs. The land selling on Friday and Saturday includes numerous small tracts.

Auction info www.schraderauction.com.

The tavern is 30 mi. north of Boston with easy access to I-495, I-95 & I-93. This landmark property served as a haven for weary travelers and a community gathering place for over 200 years. The institution which became Bradford College was founded here in 1803. This historic tavern, also used as a home, antique shop & function hall, stands ready to serve future generations. This property will be sold to the highest bidder, regardless of price. Please visit www.JJManning.com for more information.

ABSOLUTE AUCTION: Thursday, November 20, 2008 at 1pm.
Bid Live On-site or Online
Preview: Friday, November 14, 2008 (11am-1pm)

“This is a rare opportunity to purchase a home in the historic French Quarter and a piece of New Orleans history,” said Craig King, president & CEO of J.P. King Auction Company. “In addition to its wonderful amenities, this French Quarter Estate is only a short stroll from Jackson Square.”

The home was originally built in 1817, a two-story French Quarter estate full of history and richness. In the mid-1900’s, it served as a Gallery Circle Theatre and since has been renovated with modern and luxurious amenities. The focal point of the 3 + suites, 4.5 bathroom estate is centered on the spectacular private courtyard with pool that is perfect for entertaining guests or escaping the energy of the city for quiet relaxation. The courtyard’s garden area contains a sprinkler system and automatic fertilizer.

The estate boasts hand painted murals throughout, two kitchens, beautiful copper ceilings, cypress flooring, exposed brick, granite countertops, spiral staircase, theatre room, antique bar area and a unique and open layout. The French Quarter Mansion has impeccable architecture throughout the property, preserving the traditional appearance and the nostalgic feel that the area is known for. The estate offers complete privacy from the street with a two-car garage and private parking in the courtyard.

Individuals interested in more information about the upcoming sale may contact J.P. King at 800-558-5464 or visit the company’s web site at www.jpking.com

With lenders seeking to accelerate the liquidation of foreclosed properties, Zetabid is auctioning a wide range of single-family homes, townhouses and condominiums at three separate auction events. Properties to be auctioned are located in 50 cities, including Bakersfield, Fresno, Merced, Modesto, Stockton, Sacramento, Tracy, Manteca, Atwater, Patterson, Los Banos, Visalia, San Jose, Santa Clara, Morgan Hill, Gilroy, Pleasanton, Newark, Hayward, Oakland, Concord, Antioch, Pittsburg, Bay Point, Oakley, Vallejo, Fairfield, Napa, Vacaville, San Pablo, and Richmond.

To view homes or register to bid, visit http://www.zetabid.com. Prospective buyers can bid at the auction, via Zetabid’s worldwide Internet simulcast, or place an offer before the auction with the ‘buy it now’ form on the website.

“In the turmoil of today’s housing markets, buyers have a unique opportunity to purchase very attractive properties at auction that are significantly below the retail price,” said Bob Bellack, Chairman of Zetabid. “For those nervous about buying in an unstable market, Zetabid auctions provide buyers with true, current market values validated by other bidders. With greater confidence in housing prices, buyers can make informed decisions — and get a great deal in the process.”

At Zetabid’s auction in Southern California on Sept. 27-28, homes that went into contract were typically 25% to 40% below the retail price. More than 2,000 people participated in the auction, either online or in person at the Ontario Convention Center.

In recent months, falling home prices and rising inventory have prompted a reassessment of the best way for lenders to clear the market of unsold inventory. A recent report by Barclays Capital concluded that the faster lenders liquidate their bank-owned properties, the faster home prices will bottom out and stabilize.

“Despite the volatility in home prices, there are three very positive signs in the housing markets,” Bellack said. “First, the federal government’s bailout is starting to free up capital for lending. Second, financial institutions are recognizing that the most effective resolution to the problem is to liquidate properties rapidly, and not hold onto them. Third, home buyers — at least in California — are coming back into the market and are eager to buy houses at sharply lower prices.”

According to the California Association of Realtors, California home sales jumped 85% in August 2008 compared to a year ago. Although the prices were down, increased buying activity demonstrates that values have become appealing to consumers and investors.

“Consumers are realizing that now may be the right time to buy, and they are voting with their wallets,” Bellack said. “For lenders, auctions are proving to be a very effective way to establish fair market value and sell large volumes of properties quickly and efficiently.”

Auction Details

The auctions will be held in the following locations:

– Thursday, Nov. 20 in San Ramon, for properties located in the San Francisco Bay Area. San Ramon Marriott, 2600 Bishop Drive, San Ramon, CA 94583. Registration starts at 5 p.m. Bidding starts at 6:30 p.m.

– Saturday, Nov. 22 in Stockton, for properties located in the Sacramento-Stockton-Modesto regions. Sheraton Waterfront Hotel at Regent Pointe, 110 West Fremont Street, Stockton, CA 95354. Registration starts at 8:30 a.m. Bidding starts at 10 a.m.

– Sunday, Nov. 23 in Fresno, for properties located in the Fresno-Merced-Bakersfield regions. Fresno Golden Palace, 2625 W. Vassar Ave., Fresno, CA 93705. Registration starts at 11:30 a.m. Bidding starts at 1 p.m.

Buyers can make offers in person or online, and may bring their real estate agent to the auction event. Zetabid encourages buyers to view the homes by appointment with the listing agent or on the open house weekend November 15-16, from noon to 4 p.m. Zetabid encourages prospective buyers to inspect properties before bidding.

About Zetabid

Zetabid makes it easy and convenient for consumers to purchase bank- and builder-owned homes at Zetabid’s public auctions. A venture of the Los Angeles Times Media Group, GoIndustry-DoveBid and CataList Homes, Zetabid expands access to the inventory of residential properties sold at auction and opens up the market to U.S. and international buyers. Zetabid offers the widest reach and greatest awareness of auction inventory through its national network of print, broadcast and online partners.

For more information, visit http://www.zetabid.com or call 888.4.ZETABID (888.493.8224).

The luxury townhouses are perfect for the home buyer seeking convenient city living. The auction will take place Saturday, November 15 at 1:00 pm at Philadelphia Marriott Downtown, 1201 Market Street, Philadelphia, PA. Minimum bids for the 7 townhomes will start at $150,000, which is approximately 26 percent below the highest previous asking price.

Max Spann Real Estate & Auction Co is hosting preview open houses for the elegant Sylvan Lake Condominiums in Bradley Beach. Thirteen well appointed condominiums and two commercial/retail properties are being auction Sunday, November 16, 2008, 1:00 pm at the Sheraton Eatontown, NJ.

Advance registration for the auction is required, and interested parties can obtain additional information by calling Max Spann Real Estate & Auction Co at (888) 299-1438 or visiting http://www.maxspann.com.

“People used to think of foreclosure property as beat up homes but in today’s market flush with foreclosures of all kinds that perception has changed,” said Dave Webb, Principal, Hudson & Marshall. “Savvy buyers realize that if they’re willing to hold onto these properties until the market rebounds, they’re getting a great deal,” added Webb.

Hudson & Marshall will auction the Indiana homes on the following dates:

October 29th -Muncie (22 homes) and Fort Wayne (14 homes)

October 30th -Evansville (3 homes); Southbend (13 homes); and Merrillville (19 homes)

October 31st -Terre Haute (6 homes); and Kokomo (10 homes)

November 1st-Indianapolis (50 homes)

Buyers will be required to make a $2,500 deposit in the form of cash, cashier’s check or certified funds for each property for which they are the winning bidder. Homes are sold as-is and buyers should inspect property prior to auction. An open house is scheduled for Saturday, October 25th and Sunday, October 26th from 1:00pm-3:00pm. A complete list of properties and additional information may be found at www.hudsonandmarshall.com or by calling 866-539-4172.

Prior to the auction, buyers may purchase property online by visiting the company’s website and clicking on the Bid-Now icon. Sellers usually respond to offers within 24 hours. This is a reserve auction, which means sellers have the right to accept, reject or counter any bid. In past auctions conducted by Hudson & Marshall, the majority of offers have been accepted.

Real estate auctions are a quick and easy way to purchase a home. Buyers are exposed to a large variety homes in one convenient location. There are no minimum starting bids. The audience determines the price of a home in a competitive and friendly environment. Another benefit of purchasing property through auction is contracts usually close within 30 days or less because there are no contingencies slowing down the process.

Auction info www.hudsonandmarshall.com/