REDC Does It Again - Home Auction Blowout

* Reuters is not responsible for the content in this press release.

Tue Jan 22, 2008 12:00pm EST 

Five Cities... Seven Days... Over 1,000 Homes in Northern
                              California
IRVINE, Calif.--(Business Wire)--Industry leader Real Estate Disposition Corporation (REDC) is
pleased to announce a seven-day public home auction in Northern
California between February 13th and February 24th, 2008. Over 1,000
homes are up for sale with starting bids as low as 40% of the
previously valued price.

   REDC will be conducting the following auctions in the Northern
California area:

   --  Stockton area properties - Wednesday, Feb. 13th, San Joaquin
        Fairgrounds

   --  Sacramento area properties - Saturday, Feb. 16th & Sunday,
        Feb. 17th, California Exposition & State Fair

   --  Modesto area properties - Monday, Feb. 18th, SOS Club

   --  Fresno area properties - Tuesday, Feb. 19th, Fresno
        Fairgrounds

   --  San Mateo area properties - Saturday, Feb. 23rd & Sunday, Feb.
        24th, San Mateo Event Center

   "I encourage anybody who's serious about buying a home to attend
these auctions in particular," says Jeffrey Frieden, CEO of REDC.
"With over 1,000 homes to be auctioned, first-time buyers, families
and investors can buy homes at rock bottom prices. Interest rates are
at historic lows and we have excellent financing options. These are
lender foreclosures, the lenders do not wish to own these homes, you
will not find more motivated sellers anywhere."

   Individuals interested in purchasing a home or investment property
are highly encouraged to attend one of the open house inspection days
from 10:00 AM to 5:00 PM on 02/02/08, 02/09/08 and 02/10/08. A list of
available properties can be found on www.USHomeAuction.com

   Pre-Registration, detailed property information and important
bidder information can be found online at www.USHomeAuction.com or by
calling 800-793-6107, Monday-Friday 5:00 AM to 8:00 PM and
Saturday-Sunday 7:00 AM to 6:00 PM. Those who plan on attending the
auction can also jump-start the home buying approval process by
pre-qualifying with their own lender or the auction company's
preferred lender. REDC's preferred lenders provide easy financing at
today's low rates.

   ABOUT REAL ESTATE DISPOSITION CORPORATION

   Real Estate Disposition Corporation (REDC) was established in 1990
and is a leading Real Estate Auction Marketing firm in the foreclosed
real estate auction industry. REDC has established a dominant position
by selling over $1 billion in Real Estate assets since May 2006. REDC
and its affiliates operate from their 60,000 square-foot national
headquarters in Irvine, California, with additional offices and over
350 full-time employees throughout the United States.

For REDC
Joe Joffrion, 949-639-3550
joej@landstaff.com

Copyright Business Wire 2008
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