Stirling Sotheby`S First Ever No Reserve Property Auction In Florida

Released on: January 11, 2008, 1:02 am

Press Release Author: Lee Weaver

Industry: Real Estate

Press Release Summary:
Two top Florida Developers are putting scores of properties on the auction market
with no reserve prices and no minimum. The luxury apartments on developments in two
of the best locations in Florida will be sold to the highest bidder however low that
bid might be.

Press Release Body:
Kissimmee, FL, Jan,11,2008 -- The January sale clear out starts at 11am on January
19th when Stirling Sotheby's International Realty, in association with The British
Homes Group, will hold a live Absolute Auction on the premises at Lely Landings in
upmarket Naples, on Florida's west coast.

Twenty-seven, 3 bedroom elegant coach homes of 1600 sq ft+ are to be auctioned
individually. Alternatively they can be bought on a bulk purchase of the entire
inventory. All have integral garages and are set on 3.4 acres of land 5 miles from
the beach. A typical 3-bedroomed apartment up for auction was independently valued
in November 2007 for $393,000 (£196,500).

Exactly a week later on January 26th, Stirling Sotheby's will auction 30 brand new
units at Oceanwalk Condominiums on the south beach area of New Smyrna Beach on
Florida's Atlantic east coast. Again the units, which range in size from 1350-2050+
sq ft and are currently on sale for $250-440,000 (£125-220,000), will be sold on
site to the highest bidders with no reserve and no minimums.

The 30 apartments are also available on a bulk purchase agreement. New Smyrna Beach
is the nearest beach to the world famous attractions of Walt Disney World, Sea
World, Epcot Center and Universal Studios just over an hour and fifteen minutes
away.

Potential buyers can register online
at:http://www.stirlingsir.com/auctions/preview.htm.and join in the live auction
online or by calling UK freephone 08000 518 893. For details on financing contact
British Homes Group on UK Freephone 08000 965 989.

Stirling Sotheby's has formed an alliance with The British Homes Group - the no. 1
Florida-based international sales and mortgage brokerage company that specializes in
arranging financing for British, European and other \'Foreign National\' homebuyers in
the U.S.

Virginia Cowie, owner and managing director of BHG says: "This dramatic move by two
of Florida's top developers is a stark indication of a desperate sellers' market and
therefore how strong the buyers' market is for Florida property.

These are certainly quality developments in great locations, so with the Euro's
record high against the $, and £ Sterling's 26-year high against the dollar the
British property investor has a great opportunity to take advantage of these highly
motivated sellers in the USA. If you're looking for a well-priced villa or
apartment, this is probably the ideal time to get one."

There are further indications that now is the time to buy. The Orlando Sentinel, the
highly respected business newspaper of the region reported on December 28th the
latest quarterly forecast from the University of Central Florida. Its prediction is
that Florida\'s economy should hit its low point within the next three months and
then begin a long, steady climb upward. The full article can be found
on:http://www.orlandosentinel.com/business/orl-economy2807dec28,0,1256656.story

Lee Weaver, director of British Homes Group says: "Now is definitely the time to be
buying a property in Florida. It's been a long while since bargains like this have
been available. Even if you resist the urge to get in on the auction, people can
keep abreast of what is happening to Florida real estate market by logging on to
http://www.featuredfloridaproperty.com/eng/
Press release distribution by PressReleasePoint(http://www.pressreleasepoint.com/)


Contact Details

Lee Weaver
british home loans Florida
2960 Vineland Road,Suite D
Kissimmee, FL 34746
united states
(407) 396-9914
Info@BritishHomeLoansFlorida.com
http://www.britishhomeloansflorida.com/
Call Us Toll Free from the UK! 0800 096 5989.

Web Site: http://www.britishhomeloansflorida.com/

Contact Details: Lee Weaver
british home loans Florida
2960 Vineland Road,Suite D
Kissimmee, FL 34746
united states
(407) 396-9914
Info@BritishHomeLoansFlorida.com
http://www.britishhomeloansflorida.com/
Call Us Toll Free from the UK! 0800 096 5989.

  • Printer Friendly Format
  • Back to previous page...
  • Back to home page...
  • Submit your press releases...
  •