Arizona Resort Homes and Home Sites for Auction with $1 Minimum Bids

NEWPORT BEACH, CA– Freedom Realty Exchange (FRE.com), a real estate auction marketing website and part of the LFC Group of Companies, has just announced the launch of an online auction campaign to sell seven new homes and two residential lots in Bullhead City, Arizona, with minimum bids starting at only $1. Four of the homes and the two lots are situated in the premier gated community of Talon Pointe, while the other three homes are located in Laughlin Ranch, a master-planned golf community complete with an award-winning 18-hole golf course and clubhouse, a luxurious day spa and salon, a fitness center and excellent dining. Additionally, one of the Laughlin Ranch homes is fully furnished and being sold absolute, regardless of price, to the highest bidder.

Located across the fun-filled Colorado River from Laughlin, Nevada, Bullhead City is just a short drive from several lakes, including Lake Havasu. Furthermore, it is conveniently centered on the border between California, Arizona and Nevada, only a few hours away from Las Vegas, Los Angeles and Phoenix. Bullhead City offers a variety of outdoor recreational activities, including hiking and biking on nearby trails, boating on the River and the surrounding lakes, and gambling and nightlife in the Laughlin casinos, making it the perfect place to purchase or build a dream vacation or retirement home.

“With $1 minimum bids, there is no question that this seller is motivated,” notes Bill Lange, President of the LFC Group of Companies. “The fully furnished model being sold absolute is another indicator that the seller is catering to the buyers’ market. An online auction like this is the only way to efficiently move property in the current market because it is a win-win situation for both buyers and sellers.”

All of the available homes feature three bedrooms and two bathrooms and range from 1,900 to over 2,400 square feet, while the home sites range between approximately 13,500 and 13,900 square feet. The bid deadline is February 21, 2008, and prospective buyers can review more information about the properties and register to participate in the online auction by visiting www.FRE.com/194Q3.

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Freedom Realty Exchange – part of the LFC Group of Companies For over 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.