Real Estate Disposition Corp., a national real estate auction firm, will auction 45 condominium homes located at Monterey at the Las Vegas Country Club Aug. 16 at Palace Station Hotel and Casino, 2411 W. Sahara Ave. Registration begins at 10 a.m. and the auction starts at 11 a.m.
"This once-in-a-lifetime event will be a great opportunity for buyers to gain ownership in one of Las Vegas' premier communities," said Keith McLane, president of REDC's builder division.
The Monterey condos that will be auctioned measure up to 1,800 square feet and have been previously valued up to $516,400. Starting bids on the properties will begin as low as $39,000. Financing as low as 3 percent down with Federal Housing Authority approval will be available.
"If you're looking to buy or invest in today's housing market, the best time to buy is with low prices and low interest rates. That time is now. Today's low prices and low interest rates have created a perfect storm for home buyers," McLane said.
The condos at Monterey at Las Vegas Country Club are located east of the Strip within the gates of the Las Vegas Country Club. Many amenities are offered with ownership.
The sales office, located at 2838 Loveland Drive, is open from 10 a.m. to 5 p.m. daily.
To visit Monterey from the Las Vegas Strip, take Sahara Avenue east. Turn right on Paradise Road and left on Karen Avenue. Enter the community through the Las Vegas Country Club Estates gate on Karen Avenue, located between Paradise Road and Maryland Parkway. The attendant will give directions to the sales center.
For more information on REDC or the condos at Monterey at the Las Vegas Country Club, visit Auctiontoday.com or MontereyLVCC.com.