Real Estate Auction of Home sites and Pre-construction Harbor Homes in a Private Exclusive Waterfront Community Located on the Gulf of Texas

When the developers of Laguna Harbor decided it was time to have a special marketing offer of 50 home sites and 26 pre-construction Harbor home packages, they decided a real estate auction was the way to go. As with many fine pieces of art, auctions have been the best way to offer them. The community is a masterpiece of a waterfront community.

(PRWEB) March 5, 2006 -- On April 1st, Christenson-Elms, the renowned firm, specializing in real estate auctions of distinctive properties, will market and direct the auction. Christenson-Elms has closed more than 15,000 transactions in high-end communities in its 15 years of existence.

“The developer of Laguna Harbor is not alone in turning to the auction method of sale”, says Annette Elms, President of Christenson-Elms There is no difference in selling a piece of fine art or a piece of distinctive real estate at auction” she said.

So who uses auctions? Developers who want better insight into who their buyers are, as well as sellers, who want a broader marketing of their property.

“We specialize in high-end real estate auctions worldwide,” said Annette Elms. “We’re selective in our properties. We choose to represent distinctive properties that are located in desirable areas.”

While the industry has experienced significant, positive changes, some basic principals of auctions remain constant:

*Accelerated sales. Auctions are a prestigious way to sell property quickly. Auctions work – for both buyer and seller. In a competitive bidding process, buyers are assured that the price they pay represents market value.

*Effective sales tools in any economic market. When economic growth results in an oversupply of available property, buyers often delay their buying decision. Or, confused by too many properties to choose from, buyers may withdraw from the market completely.

In tighter economic times, sellers more than ever need a highly concentrated and specific focus on their property. By focusing on a specific property, auctions eliminate competition from other properties.

*Maximize price. Auctions create a sense of urgency that not only translates into a buying opportunity, but also maximizes pricing by creating competitive bidding. They also eliminate carrying costs and overhead, thereby freeing up capital.

By targeting specific markets for the property, auctions attract the largest number of qualified purchasers and obtain the highest market value for the property.

Property Amenities:
This private waterfront community is conveniently situated of the Texas Gulf Coast giving waterway access to five different bodies of water, a boaters dream. Laguna Harbor is located close to Galveston and only a short drive to Houston. The offering gives you a chance to own private property that offers water frontage for a private dock with each property, which can accommodate vessels from 20-100 feet. The canals that run through Laguna Harbor are six to ten feet deep and 100 to 334 feet wide.

The Auction will include 50 home sites and 26 pre-construction Harbor home packages available for purchase. The absolute offering of 15 home sites will be a combination of the home sites available. The pre-construction Harbor home packages will be only offered reserve. The current prices of the pre-construction Harbor home package range from $600,000 - $750,000 and the home sites from $125,000-$1,000,000.

Auction Details:
The auction will be held on Saturday, April 1, on-site at Laguna Harbor located in Port Bolivar, Texas. Registration begins at 11:00 am. There will be a bidder’s seminar beginning at 12 noon. The auction begins promptly at 1:00 pm.

In order to bid, a cashiers’ check in the amount specified below for the type of property you wish to purchase must be made payable to yourself and is required for each property you plan to purchase.

For each home site located in the Cove section: $5,000.00
For each home site located in the Estate section: 15,000.00
For each pre-construction Harbor home:    $25,000.00

If you are unable to attend the auction, but still would like to purchase one or more of these properties, you can make an offer prior to the event. Property previews are available from March 10-31. For more details call the auction center at 1-800-440-4424.

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