Zetabid to Auction 155 Foreclosed Homes in Michigan

Large Inventory Of Lower-Priced Homes To Be Auctioned Nov. 14, 2009

DETROIT, Nov. 2 /PRNewswire/ -- Zetabid, the pioneering firm redefining home
auctions in the U.S., today announced it will auction approximately 155
bank-owned homes in Troy, Michigan on Sat., Nov. 14.

Zetabid is auctioning single-family, multi-family homes, and condominiums with
starting prices from $13,000 to $62,000. Many of the properties are located
in Battle Creek, Detroit, Flint, Hazel Park, Jackson, Lansing, Muskegon,
Saginaw, Westland, Waterford and Ypsilanti. The auction is being held at the
Metropolitan Hotel, 5500 Crooks Road, Troy, Michigan. Registration starts at
8:30 a.m. and bidding begins at 10 a.m.

"The Detroit metropolitan area offers everyone from first time-home buyers to
investors terrific deals on lower-priced properties," said Bob Bellack,
Chairman of Zetabid. "Zetabid is expecting strong interest in this portfolio
of bank-owned homes because of the affordability and upside in these
properties."

Buyers can bid in person at the designated location or via Zetabid's worldwide
Internet simulcast. Buyers can also bring their real estate agent to the
auction event. Additionally, buyers can place an offer on a property before
the auction by using the 'Buy It Now' form at www.zetabid.com.

Zetabid encourages buyers to view homes with a listing agent during its open
house on Sat., Nov. 7 and Sun., Nov. 8 from noon to 4 p.m., or by appointment.
Zetabid urges prospective buyers to carefully inspect properties before
bidding.

About Zetabid
Zetabid makes it easy and convenient for consumers to purchase bank- and
builder-owned homes at Zetabid's public auctions. A venture of the Los
Angeles Times Media Group, GoIndustry-DoveBid and CataList Homes, Zetabid
expands access to the inventory of residential properties sold at auction and
opens up the real estate market to U.S. and international buyers. Zetabid
offers the widest reach and greatest awareness of auction inventory through
its national network of print, broadcast and online partners. For more
information, visit www.zetabid.com or call 888.4.ZETABID (888.493.8224).

SOURCE Zetabid

Greg Berardi of Blue Marlin Partners, +1-415-239-7826,
greg@bluemarlinpartners.com, for Zetabid