Travelers’ Rest Stop in Central California Becomes Newest Auction on FRE.com
Newport Beach, CA – November 1, 2011 – (RealEstateRama) — Located about 40 miles north of Bakersfield along Interstate 5 and Paso Robles Highway 46 is the Lost Hills RV Park, a welcomed pit stop for road warriors and the newest auction on the Freedom Realty Exchange (FRE.com). Lost Hills is small but thriving town in central California with many of its residents working in the local agricultural or oil businesses.
As an alternative choice to a traditional real estate sale, online auctions can be especially effective for sellers wanting to dispose of their property but are not willing to chase the market. An auction creates a trading platform that brings the buyer and seller together in such a way that depth of market emerges and fair market value is realized.
“With properties similar to this RV Park, an online auction appeals to buyers, both local and out of state, because of its convenience and the fair and open bidding conditions”, said LFC’s Director of Operations Ryan Devin. “It also gives the seller a way to gauge market demand and make an informed decision based upon the bids received.”
The Lost Hills RV Park sits on over 9 acres with 80 pads and the following amenities:
• Swimming pool
• Convenience and supply store
• Playground
• Dog walk area
• Horse motel
• Deluxe showers
• Laundry facilities
As with all of the auctions on the Freedom Realty Exchange website, property research, due diligence and even bidding are conducted completely online, removing the need to spend hours in a crowded ballroom with all the unwanted pressure and intimidation that comes with a traditional outcry auction. Interested buyers can view property and auction documents by visiting FRE.com/112R3. Bids must be submitted by December 1st.
About LFC Communications, Inc.
The Freedom Realty Exchange is owned and managed by LFC Internet Marketing, Inc., a member of the LFC Group of Companies. For more than 30 years, the LFC Group of Companies has successfully auction marketed thousands of commercial, industrial, land and residential properties, with sales in excess of $5 billion; and for the last seven years, we have conducted real estate auctions exclusively online. We have successfully served numerous Fortune 500 companies, real estate developers, investors, financial institutions, government agencies and real estate brokerages, providing a complete suite of real estate disposition strategies and auction marketing programs for commercial and residential property and mortgage notes.
