REDC to Auction More Than 370 Northern and Southern California REOs

""Real Estate Disposition, LLC"":http://www.auction.com/ (REDC), a real estate auction marketing firm based in Irvine, California, announced Thursday that it will auction more than 370 Northern and Southern California bank-owned foreclosures, including 76 occupied properties, over the next two weeks.

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According to the company, the Northern California homes will be auctioned online from June 8 through June 12. This online-only auction will feature more than 70 properties, including 34 occupied homes.

The Southern California homes will be auctioned both live and online on June 19 and June 20, during which more than 300 foreclosured properties, including 42 occupied homes, will be up for bid. The June 19 auction will take place at Ontario Convention Center, and the June 20 auction will shift to Sheraton Los Angeles.

REDC says it is a national leader in foreclosed home auctions, having auctioned 20,000-plus foreclosures exceeding $725 million already this year. The company, which was established in 1990, says it sold more than $6 billion in real estate assets at auctions in 2008 and 2009 alone. In addition to its auction marketing services, the REDC group of companies provides real estate brokerage services, asset management, and short sale facilitation.