Fast Home Auction Launches Website

Fast Home Auction, Tampa, Fla., has launched an auction website that enables real estate professionals to buy and sell defaulted and foreclosed properties across the country "with the ease of the familiar online merchandise auction concept."Fast Home Auction president James Case said asset managers of real estate owned have traditionally posted properties on their own websites, but most people don't know how to find them. "Online auctions present an efficient mechanism for buyers to acquire foreclosed property from the REO asset managers," Mr. Case said. FastHomeAuction.com uses e-mail notification to allow potential bidders to receive notices of forthcoming auctions in areas they specify. "The site makes it easy to list and bid on properties for sale using the online format we've become so familiar with over the years," Mr. Case said. The auction website can be found at http://www.fasthomeauction.com.