| Inland Real Estate Auctions to Auction Model Home and 14 Home ...
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Auctions, Inc. announced today that it will be auctioning 14 one-acre home sites and a brand-new, luxurious model home located in Oak Ridge development in Oakland County, Mich. At least five of the home sites, originally priced as high as $95,000, will be auctioned without reserve and sold regardless of price. The model home, originally priced at $479,900, will sold subject to a minimum bid of $295,000. "This is one of the finest subdivisions we have been involved with in the greater Detroit marketplace," said Paul Rogers Senior Vice, president of Inland Real Estate Auctions. "There is a surplus of available inventory on the market, and developers are finding the auction process is the answer for accelerating sales and gaining a competitive marketing advantage." Inland Real Estate Auctions will coordinate third party financing with Fifth Third Bank as the approved lender for the auction, offering buyers a convenient, streamlined process not only to acquire the property in one day but also to swiftly obtain financing.
Louisville eclipses million-dollar milestone in surplus sales
LOUISVILLE, Ky. -- Mayor Jerry Abramson today announced that the city has "unloaded" more than a million dollars worth of surplus government vehicles, equipment and other items through online auctions. Metro Government sells obsolete and other surplus items through its website, LouisvilleKy.gov, and GovDeals.com, an online service similar to eBay. The $3,760 sale of a Case International 585 tractor to a bidder in Cookeville, Tenn., recently brought the total funds generated through the online auctions to more than $1 million. "The online auctions are a creative way this government is operating efficiently and effectively for our citizens," Abramson said. "We're unloading items that have outlived their useful life for government, and in doing so creating a revenue stream and reducing warehouse space." Abramson said the online auctions often generate more money than traditional auction-house auctions because items are up for bids around the clock and the online auctions allow more people - virtually from anywhere - to participate.
Foreclosure Auctions Increase Substantially in Los Angeles, Miami ...
NEW YORK, April 12, 2007 (PRIME NEWSWIRE) -- PropertyShark.com, the premier real estate data site, announces its quarterly report covering first-time residential foreclosures in New York City, Miami, Seattle, and Los Angeles for the January-March 2007 time period. Four-City Findings (Request report for details): New York City: "The number of new foreclosure auctions in New York City returned to levels seen last year at this time and follows the typical seasonal up-tick after the last quarter of a year. However, the foreclosure levels in Queens are worrisome," stated Ryan Slack, chief executive officer, PropertyShark.com. Los Angeles County Seattle (King County) Miami-Dade County Real estate investors can browse current foreclosure listings for the following areas: Los Angeles Foreclosures: http://www.propertyshark.com/mason/california/Foreclosures/index.html Miami Foreclosures: http://www.propertyshark.com/mason/florida/Foreclosures/index.html New Jersey Foreclosures: http://www.propertyshark.com/mason/nj/Foreclosures/index.html NYC Foreclosures: http://www.propertyshark.com/mason/Foreclosures San Francisco Foreclosures: http://www.propertyshark.com/mason/san_francisco/Foreclosures/index.html Seattle Foreclosures: http://www.propertyshark.com/mason/seattle/Foreclosures/index.html Press may request a copy of the report by contacting Kelly Kreth at KKreth@Krethcommunications.com or 201-417-8691.
Commissioner Kathy Thompson bids office goobye at open house
COSHOCTON - It's been eight years since Commissioner Kathy Thompson was first appointed to the Board of Commissioners. She was greeted by more than 50 fellow county employees and friends from the community Friday at a going away open house. Thompson will resign Sunday to assume new duties as the executive director of the Coshocton Foundation on Monday, April 16. .
Frontier bids for blanket Open Skies access
Frontier Airlines could receive blanket access to each of the countries involved in any Open Skies agreement with the US, after applying for automatic admittance. The Denver-based carrier currently flies to Canada and Mexico, but Jeff Potter, Chief Executive, is eyeing a wider international reach, according to reports. Since the European Union agreed an "historic" Open Skies pact with the US last month, the prospect of unlimited transatlantic connections has moved closer to reality. Federal decision-makers are also involved in negotiations with China with a view to a similar accord. .
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