Realty Corporation of America Auction Services Division Announces Real Estate Auction of 11426 Cedar Glen Parkway, Unit D5 in Cleveland, Ohio on Wednesday April 16th at 6:30 PM.

FOR IMMEDIATE RELEASE

CLEVELAND, Ohio –  February 27th, 2008 -- Realty Corporation of America announced today that it has scheduled a public auction for the property located at 11426 Cedar Glen Parkway, Unit D5, in Cleveland, Ohio. Cedar Glen is located at the foot of Cedar Hill at the doorstep of Cleveland Heights. This property offers the convenience of one floor living and is just steps away from University Circle, Cleveland Clinic, Downtown Cleveland and Cleveland Heights! This top floor unit boasts a gourmet kitchen with a Viking six burner cook top, Décor convection wall oven, ceramic tile and granite countertops! The large living room features built in bookshelves, gas fireplace and surround sound! The stunning updated bath includes stone tile and glass block windows! The new boiler, roof, two new windows in the bedroom and air conditioning unit makes this property virtually maintenance free!

The Cedar Glen home will be open for preview on Saturdays and Sundays from 1:00 to 3:00 PM on the following dates:

• March 15th and 16th
• March 22nd
• March 29th and 30th
• April 5th and 6th
• April 12th and 13th
   

Realty Corporation of America also announced today that a comprehensive bidder package is available to anyone interested in receiving a copy.  To learn more about this property, or to obtain a bidder packet, kindly contact the Realty Corporation of America Auction Information Center at (216) 522-0020 x 235.  Additional information about the home and real estate auctions is available on the web at www.realtycorpofamerica.com.
 

“Auctions are the fastest and most efficient way of selling real estate. Auctions create urgency on the part of buyers - a date of the sale establishes a clear point at which a buyer must decide if they want to buy a property. With traditional real estate listings, especially in soft real estate markets, there is less urgency on the part of buyers to make an immediate decision.   In addition, our energetic and property-specific marketing campaigns capture the attention of qualified buyers throughout America. Finally, our flexible cost structure and willingness to entertain offers prior to the auction allows us to produce results for our clients” said Sarah Brewer, Sales Associate, Realty Corporation of America.
Realty Corporation of America provides comprehensive marketing, advisory and auction services for residential, commercial and industrial properties. Transcontinental Lending Group, our affiliated mortgage operation, provides customers with access to the most competitive interest rates available on the market, while offering a wide array of innovative and compelling mortgage solutions. Title Assurance and Indemnity Corporation of North America utilizes the latest technology and a fully integrated on-line order placement and order tracking system to perform title examinations, issue title insurance policies and offer world class escrow and closing services. Our Property Management Division offers hands on, cost effective and highly energized management while allowing owners to position properties for sale or improve operating performance. Our construction services division allows Realty Corporation of America to offer construction, project management and cost estimating services for residential, commercial and industrial properties throughout North America.

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