J. P. King Auction Company, sold seven Soaring Eagle Lodge condominiums for $ 1.7 million in Snowshoe, West Virginia on Saturday, December 6, 2008.

The auction took place on-site with more than 100 people attending the auction, which attracted 24 registered bidders from West Virginia, Virginia, South Carolina, Ohio and Florida. The auction took approximately an hour and a half and featured live music and hors d’oeuvres.

For additional information about J. P. King, please call (800) 558-5464 or visit the company’s web site at www.jpking.com.

Hudson & Marshall will auction nearly 200 bank-owned foreclosures in cities throughout Texas December 15th-21st. About 80 homes will be auctioned in Houston and another 65 in the Dallas/Fort Worth area.

According to the Mortgage Bankers Association’s latest delinquency survey, at the end of the third quarter of 2008, the delinquency rate for all outstanding loans on one to four unit residential properties was about 7%. The survey also estimates that the total number of homes entering foreclosure in 2008 will reach 2.2 million.

“Foreclosures are no longer perceived as distressed property because the collapse of the subprime mortgage sector flooded the real estate market with so many high-end foreclosures,” commented Dave Webb, Principal, Hudson & Marshall. “As a result, more owner occupant buyers are attending Hudson & Marshall auctions because they know they can find a great home to live in at a discounted price,” added Webb.

Successful auction bidders will be required to make a $2,500 deposit in the form of cash, cashier’s check or certified funds for each property which they are the winning bid. Homes are sold “as-is” and buyers should inspect homes prior to auction. Property may be viewed during the open house December 13th and December 14th from 1:00 p.m. - 3:00 p.m. or by contacting listing agents for an appointment. Property details and additional information may be found at www.hudsonandmarshall.com or by calling 866-539-4172.

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

December 15th - McAllen (4 homes)

December 16th - San Antonio (21 homes)

December 17th - Austin (7 homes)

December 18th - Temple (5 homes); Waco (3 homes)

December 20th - Houston (80 homes)

December 21st - Dallas/Fort Worth (65 homes)

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

Web site: http://www.hudsonandmarshall.com/

Inland Real Estate Auctions, Inc. has announced the successful sale of a 65-acre industrial development site in Seneca, Ill. During the recent auction, the property sold for $2.85 million, or nearly $44,000 per acre, around 60 percent higher than the minimum bid of $26,000 per acre. The property also sold for more than its last appraised value of $40,000 per acre.

“The auction process allows the marketplace to determine the value of a property, and in this case the buyers were clearly drawn to a site with excellent development potential,” said Paul Rogers, senior vice president and managing broker of Inland Real Estate Auctions. “Out intensive six-week marketing program attracted the attention of all potential buyers, and the result was clearly a very good one for the seller.”

The development site is adjacent to the approved 1,650-acre intermodal facility in Seneca, and located in a tax increment financing district in a high-growth corridor of Grundy County. The property was auctioned as part of a court-ordered partition sale.
About Inland Real Estate Auctions, Inc.

One of the nation’s top auctions firms, conducting transactions from coast to coast, Inland Real Estate Auctions, Inc. is a leading provider of accelerated marketing and auction services. As part of The Inland Real Estate Group of Companies, Inc., a full-service national real estate company, Inland Real Estate Auctions, Inc. brings unique depth, experiences and resources to the real estate auction industry, with real estate marketing and auction professionals who have more than 60 years of combined experience in the formulation and execution of auction programs for all classifications of real estate.

Auction info www.inlandgroup.com

VSE Corporation and Rick Levin & Associates, Inc. will conduct an auction of seized and forfeited property on behalf of the U.S. Department of the Treasury. Other agencies that are participating include: U.S. Customs & Border Protection, Immigration & Customs Enforcement, Internal Revenue Service and Secret Service.

Proceeds from the auction are returned to these agencies through the Treasury Asset Forfeiture Fund for the continuation of their enforcement efforts.

The auction will take place at 9 AM on Wednesday, December 3, 2008, at the VSE Warehouse, in Riverside, CA.

Registration begins at 8 a.m. day of sale.

A wide variety of merchandise will be auctioned. Including vehicles such as:

2005 MASERATI QUATTROPORTE 2006 ACURA TL 2007 ACURA MDX Also a 1980 SENECA II AIRCRAFT and: LARGE ASSORTMENT OF CLOTHING, TOYS, HOUSEWARES, COMPUTERS, ELECTRONICS, TOOLS & FURNITURE

Main previews of these items will take place at the VSE Riverside Warehouse located at 6681 River Run Road on Monday, December 1 from 9 a.m. to 4 p.m. and Tuesday, December 2 from 9 a.m. to noon.

For preview information of items located at off site vendors, please visit the Treasury website at: http://www.treas.gov/auctions/treasury/gp

More information can be found at http://www.ricklevin.com or by calling Rick Levin & Associates, Inc. at 773-252-4500.

J. P. King Auction Company, is selling seven Soaring Eagle Lodge condominiums at absolute auction, to the highest bidder in Snowshoe, West Virginia on Saturday, December 6, 2008 at 1 p.m.

The condominiums feature two bedroom, two bath and open floor plans with designer furnishings, decorative lighting, gas fireplaces, slate tile floor, state-of-the-art technology. The kitchens come with granite countertops, jeweled glass tile backsplash and stained pine cabinetry. Most of the units offer incredible views from the balconies and patios. Residents and guests will have access to heated underground parking that is accessible by elevator and each condominium has a private ski locker. Resort rental programs are available.

Soaring Eagle Lodge is located just four hours from Washington D.C., Baltimore and Pittsburgh, nestled in the Allegheny Mountains atop Snowshoe Mountain in beautiful Snowshoe, West Virginia. The Soaring Lodge Lift, which is adjacent to the lodge, has a brand new Doppelmayr quad high-speed chairlift, providing ski in, ski out access to the entire mountain.

For 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.

Stirling Sotheby’s International Realty Global Commercial Group in conjunction with Stirling Sotheby’s Auction Services will host a worldwide auction of more than 30 Florida commercial properties on Dec. 17 in Orlando, Florida.

To view a brochure of the commercial properties go to:

http://www.stirlingsir.com/auctions/preview.htm#COMM

Bidders can take part in person at the Orlando auction site or participate live online. Bidders can register and participate in person, via telephone (407-588-1260) or online at www.AuctionsByStirling.com.

Kennedy Wilson Auction Group, a division of the national real estate services and investment firm Kennedy Wilson, conducted an auction of 14 luxury residences located in lovely Escondido, a thriving urban environment, just 30 miles northeast of San Diego. The elegant 1 and 2-story, four and five-bedroom residences ranging from 2,900 to 4,049 square feet feature formal entry foyers, spacious family and living and dining rooms. Published reserves for these 14 properties ranged from $385,000 to $550,000 for houses that were previously priced from $825,000 to 1,199,000.

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