Best Deals for a New Home in Moreno Valley Found in Online Auction

The LFC Group of Companies has just launched an online auction of thirteen new homes in Moreno Valley, California, on their residential auction website Freedom Realty Exchange (www.FRE.com/215R4). Unlike most of the other auctions occurring here in Southern California, this is not a foreclosure auction, but an auction of brand-new builder/developer inventory.

Unlike most of the inventory on the market right now, these homes are not foreclosures, but brand-new product in an up-and-coming community. With minimum bids starting as low as $99,000, these homes are an affordable option and make perfect 'starter' homes.

Newport Beach, CA (PRWEB) April 22, 2008 -- The LFC Group of Companies, a Newport Beach-based online real estate auction marketing firm, launches an online auction of thirteen new homes in Moreno Valley on their residential auction website Freedom Realty Exchange (www.FRE.com/215R4).

Recently ranked as one of the fastest growing cities in the nation, Moreno Valley, California, offers residents an outstanding lifestyle. Recreational opportunities abound at nearby golf courses and parks, including Lake Perris State Recreational Area, one of Southern California's most popular boating, fishing and camping locales. Situated among pristine lakes and the picturesque San Bernardino Mountains, the homes are located only five miles from the University of California, Riverside, with easy freeway access to Los Angeles and Orange County.

The single family homes range from approximately 1,377 to 1,954 square feet and feature 3 to 4 bedrooms and 2 bathrooms. Though previously priced in the upper $300,000's, the minimum bids for the homes will start as low as $99,000. Also included in the online auction is one fully-furnished model home with a minimum bid starting at only $1. Each home includes attractive features like vaulted ceilings, a concrete rear patio, dual pane insulated windows, designer selected carpeting, oak cabinetry, and pre-wiring for a home security system.

"For potential homebuyers out there who are waiting on the sidelines, ready and able to purchase that first home, this is the time; it's a buyers' market," remarks Bill Lange, president of the LFC Group of Companies. "Unlike most of the inventory on the market right now, these homes are not foreclosures, but brand-new product in an up-and-coming community. With minimum bids starting as low as $99,000, these homes are an affordable option and make perfect 'starter' homes."

This online auction is an incredible opportunity to purchase a new Southern California home at a bargain price. The bid deadline is Thursday, May 29th, 2008. For more information, go to www.FRE.com/215R4.

Freedom Realty Exchange - part of the LFC Group of Companies

For more than 30 years, the LFC Group of Companies have served numerous Fortunate 500 companies, real estate developers, investors, financial institutions and government agencies by auction-marketing thousands of commercial, industrial, land and residential properties with an aggregate value well in excess of $5 billion. www.FRE.com

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