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| 7/22/2010 |
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Title: Last Chance to Purchase Luxury Reno Home Sites as Online Auction Enters Final Week
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With just a week to go in the online auction, buyers are gearing up to make competitive bids in hopes of landing one of the 16 bank-owned luxury custom home sites in the exclusive Reno community of Somersett. The auction, hosted on the LFC Group of Companies’ commercial and land auction website LFC.com, has already drawn over 8,000 hits to the website, as interested buyers from nearly a half-dozen states look to capitalize on a down market.
Included in this auction are thirteen home sites, ranging in size from 0.45 acres to more than five acres, in the gated community of Champion Hills. There are also three home sites available, ranging from an acre to 1.57 acres, in Eagle Chase, another one of Somersett’s premier gated communities. These spacious lots combine the serenity of quiet, suburban life with easy, quick access to the bustling city of Reno.
“The tremendous response to this auction proves that a deal is a deal, in any market,” said Ryan Devon, Director of Operations at LFC. “The minimum bids are as low as $29,000, less than 90 percent of the previous listing prices. These are some unprecedented discounts, and buyers are eager to snatch up their preferred lot in one of Reno’s most sought-after communities.”
Nestled at the base of the Sierra Nevada Mountain Range in west Reno, Somersett delivers the best of both worlds: the peace and privacy of a secluded suburban neighborhood, all just a short drive away from the vibrant city life of Reno. This award-winning golf community features two golf courses designed by U.S. Open Champion Tom Kite, a 9-hole course available to all residents and an 18-hole course for members of the private Somersett Country Club. For non-golfers, Somersett offers over 27 miles of paved and natural hiking and biking trails amid rolling hills and wandering rivers. In addition, residents of this expansive community enjoy exclusive access to The Club at Town Center, a luxurious, $9 million facility that includes an aerobics studio, a state-of-the art gym, basketball court, massage room, two spas, and three junior Olympic-size pools, as well as a Kids Corner and Teen Club.
This auction offers an unprecedented level of convenience for buyers. Instead of spending hours cramped up in a crowded ballroom, interested buyers can view property photos and other due diligence materials, as well as place bids, all from the comfort of their home or office by visiting LFC.com/882. Visit the Somersett Sales and Information Office, open seven days a week, to pick up a map of the bank-owned auction home sites. The bid deadline is July 29, 2010. |
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