Auction PR Publicity Announcements News and Information
Auction PR Publicity Announcements News and Information

Radius Management to Auction Over 80 New Homes

Real estate auction firm, Radius Management, LLC is pleased to announce it is placing over 80 brand new homes up for public auction and all properties Must Be Sold. The majority of homes being offered for bid are composed of new builder’s inventory, most of which have never been occupied and fall under state minimum warranty requirements.

This once in a lifetime opportunity is scheduled for April 26, 2009 and will be held at the Great Wolf Lodge Conference Center, 100 Great Wolf Dr Grapevine, Texas. Auction bidder registration will begin at 10:00am that morning with the auction set to begin promptly at 12:00p.m.

In order to register to bid in the auction, bidders must agree to the auction’s basic terms and conditions, show written proof of financing, and show a $5,000.00 cashier check payable to themselves. Winning bidders must make a deposit of 5% of the properties’ sales price on auction day, of which the first $5000.00 shall be the certified check.

A 7% buyers premium will be added to all high bid amounts.

“This is an extremely rare opportunity for first time home buyers to purchase a brand new home at the lowest possible price, and to finance the purchase at the lowest interest rates in history.” says Jean-Paul Puryear, Radius Co-Founder. “Our Sellers are extremely motivated to move these properties off their books once and for all.”

For more details regarding the auction, call 972-447-9139, or visit the company website License #

Company Information: Radius Management, LLC is a full service real estate and accelerated auction marketing firm. Headquartered in Dallas, Texas, the Radius team of professionals promotes and conducts real estate auctions designed to provide expedited liquidity for sellers at true fair market prices established by buyers. In addition, Radius partners extensively with the REALTOR® community to accelerate the disposal of their listings. Radius is a strong supporter of local charitable organizations, and plans to donate a percentage of it profits to these groups. Texas Auction License #: 16512 • Texas Broker License #: 0584740 – VIP Realty Platinum