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Golf and River Lovers Flock to Online Auction of Homesites in Lake Havasu, Arizona

September 23, 2008

LFC Group of Companies, a leading real estate auction company is offering eighteen ready-to-build lots in The Refuge, a gated golf community located a half mile north of Lake Havasu City, Arizona, on its residential auction website, Freedom Realty Exchange(R) (FRE.com(R)). With just over a month left to bid before the deadline of October 30, 2008, thousands of prospective buyers have visited www.FRE.com looking to purchase prime golf and river realty at a steal.

The Refuge at Lake Havasu is surrounded by the natural calm of the American southwest, making it an ideal location for Southern Californians to build their own private getaways. Ranging in size from +/-7,700 square feet to well over 13,000 square feet, the ready-to-build homesites in the gated, master-planned golf community are situated adjacent to the protected National Wildlife Refuge and along the shores of the Colorado River and Lake Havasu. Several lots have lake views, while others have views of the Arnold Palmer Signature Golf Course.

The lots, with suggested values of up to $300,000, have minimum bids ranging from $40,000 to $138,000. The convenience of the online auction format means that buyers from everywhere have a chance to bid. Adding to the ease of purchase, the seller has secured special financing for these homesites, something difficult for buyers to find these days.

“This is a unique community. There aren’t many places that offer golfing, boating, swimming, and hiking all right there in your backyard,” says William W. Lange, president of the LFC Group of Companies. “Southern Californians love of Lake Havasu, and the convenience of this online auction makes it the best way for them to buy their own piece of ‘The River.’”

With more than 300 days of sunshine every year, Lake Havasu is the ideal location for taking advantage of countless outdoor activities like jet skiing, camping, and fishing. Residents of The Refuge have access to incredible community amenities, including the elegant restaurant and bar at the Arnold Palmer Signature Golf Club. Spectacular views of the southwest scenery leave no wonder why visitors flock to Lake Havasu each year from places like Chicago, San Diego, Seattle, and even Canada.

Potential buyers should act quickly and visit www.FRE.com/277R4 for specific property documents, more photos and auction information. The initial bid deposit for a piece of southwest bliss is only $2,000 and the bid deadline is October 30, 2008.




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