Online Real Estate Auction Offers Professional Condos to Highest Bidders

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Innovative online auction of unique "live and work" condos in Historic Design District of Charlotte, North Carolina, caters to the buyer's market.

The loft-style interior of The Abbot "live and work" condos offer buyers chic urban living

They know buyers are out there looking for a good deal, so why not conduct an auction, even better an online auction, and let the buyers, from virtually anywhere, drive the sales

Leading online real estate auction marketing company, the LFC Group of Companies, has been selected to auction 14 brand new condos located in Charlotte, North Carolina, on their residential real estate auction web site FRE.com® (http://www.FRE.com/281R2).

Conveniently situated in the heart of Charlotte's Historic South End, The Abbott is within close proximity to the most exciting cultural and entertainment events the city has to offer. Charlotte, rated the #1 Place to Live by Relocate-America.com and the #4 Best Housing Market by Forbes, is also the nation's second largest financial center. Prosperity abounds as residents of Charlotte enjoy growing employment opportunities and an amazing quality of life.

The Abbott offers a unique living experience. Designed with the professional in mind, the tri-level condominiums feature a ground floor ready for use as a studio or personal office. Both the industrial style brick exterior and the open, loft-style interior of the +/-1700 square foot condos mirror the urban design and architecture of the South End District. While the ground floor offers a live or work space with its own ½ bath, the second floor features spacious living quarters with a ½ bath, while the third floor has two comfortable bedrooms each with a full bath. Other amenities include outdoor balconies, spacious walk-in closets, energy efficient central air and heating, and a contemporary kitchen outfitted with tile floors, granite countertops and decorative cabinet hardware.

With suggested values of up to almost $500,000, and minimum bids starting as low as $269,000, buyers have a chance to own a brand-new condo, for only a fraction of the price, in one of America's most vibrant cities. The auction also includes one fully-furnished model, offering the ultimate ready to move in opportunity.

"Not only is the developer innovative in their building design, but also in the way they have chosen to sell their condos," says William W. Lange, president of the LFC Group of Companies. "They know buyers are out there looking for a good deal, so why not conduct an auction, even better an online auction, and let the buyers, from virtually anywhere, drive the sales," continued Lange.

Located close to Charlotte's City Center, sports fans can watch the Carolina Panthers and Charlotte Bobcats events, while just a short distance one can find the NASCAR race track and soon the NASCAR Hall of Fame. Residents needn't go far from home to enjoy uptown's eclectic restaurants, art galleries, and exuberant nightlife. Even a local farmers' market is within walking distance in the Historic South End. Access to the whole of Charlotte is easy with the recently built state-of-the-art light rail system, which stops only steps away from The Abbott. And for longer trips out of the city, the Abbott is within easy reach of the I-85 and I-77 and the Charlotte Douglas International Airport.

Buyers hoping to purchase one of the "live and work" condos are urged to visit http://www.FRE.com/281R2 and register to bid before the deadline of October 30, 2008.

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Freedom Realty Exchange - part of the LFC Group of Companies
For more than 30 years, the LFC Group of Companies has served numerous Fortune 500 companies, real estate developers, investors, financial institutions and government agencies by auction-marketing thousands of commercial, industrial, land and residential properties with an aggregate value well in excess of $5 billion. http://www.FRE.com

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Andrea Ryken

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