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Tuesday, 02/26/2008 10:07:58 AM

Tuesday, February 26, 2008 10:07:58 AM

Post# of 196
Sold! Over 1,500 Home Buyers Attend the Largest Real Estate Foreclosure Auction in the History of Central California
02/26 8:25 am (PR)
Story 1018


IRVINE, Calif., Feb. 26 /PRNewswire/ -- National Home Auction Corporation, a public lender foreclosure auction company, announced today the successful completion of its Central California foreclosure auction held Sunday, February 24th in Fresno, California.

Reported by the local Fresno press as the largest real estate foreclosure auction in the history of the Central California, National Home Auction sold over 85 foreclosed condos, single family homes and investment properties to an energetic crowd of over 1,500 attendees in less than 3 hours.

"We knew Central California was ready for a foreclosure auction of this magnitude," commented Chris Connelly, President of National Home Auction. "And they proved it, with over 1,000 people lined up and waiting to get in by the time the doors opened for registration."

Auction attendees included a diverse mix of first-time home buyers, existing homeowners interested in 2nd homes or vacation property and investors looking to add to their real estate holdings.

"That's a direct reflection of our marketing strategy," added Steven Frank, SVP of Marketing for National Home Auction. "Our goal is to sell every property at its fair market value. We auction a variety of foreclosed property types on behalf of our lender sellers and target our marketing to attract an equally diverse range of home buyers."

National Home Auction holds public lender foreclosure auctions and builder closeouts in select US markets nationwide. Upcoming auctions include Los Angeles, Denver, Las Vegas, Phoenix and more. More information on upcoming auction locations can be found by visiting http://www.homeauctiondirect.com. Contact Chris Connelly at (800) 854 -0765 for a complete auction schedule or to discuss including assets in an upcoming NHA event.

About National Home Auction: National Home Auction (NHA) is a privately held company specializing in the marketing and auction-style sale of lender foreclosure properties and builder closeouts nationwide. NHA provides asset sellers the opportunity to liquidate large numbers of properties at a single event and presents home buyers with some of the best opportunities to buy and own real estate in today's market. National Home Auction is headquartered in Irvine, CA, with executive offices at 230 Park Ave in New York City. For more information call 1.800.854.0765, or visit http://www.homeauctiondirect.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com.

SOURCE National Home Auction Corporation

/CONTACT: Chris Connelly for National Home Auction Corporation at 1 -800 -854 -0765; or 1 -800 -854 -0765 /Web site: http://www.homeauctiondirect.com


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