SOURCE: Accelerated Marketing Partners

June 13, 2008 11:00 ET

Incredible Buying Opportunity: Viento Grand Opens With an Auction

MORGAN HILL, CA--(Marketwire - June 13, 2008) - Homebuyers will be hard pressed to find a better buying opportunity in the South Bay when Viento celebrates its grand opening with an auction in Morgan Hill on Sunday, July 20, 2008.

There won't be a ribbon cutting for this grand opening, only dramatically slashed prices! Accelerated Marketing Partners will auction 16 brand new, four and five bedroom single-family homes for one of the most respected builders in the Bay Area, DeNova Homes. According to Dave Sanson, president of DeNova Homes, "In this current market, buyer's confidence is really what it comes down to. At Viento, we've built a great product and we're letting the market set the price of our homes."

Minimum bids start from just $475,000, which is up to 40% below projected grand opening pricing.

"This is a unique opportunity for buyers in today's real estate market," said Ken Stevens, principal with AMP, the Danville-based firm that specializes in the development and implementation of both accelerated and conventional marketing and sales programs. "This auction allows buyers to purchase a home in an extremely sought after location, at the price they want, and with confidence. This is a value proposition that can't be ignored."

Unlike some other auctions, at Viento there are no hidden reserves or buyer premiums. The price bid on the house is the price paid at minimum bid or above is the price paid. "There's a real opportunity for some great buys under this formula," says Stevens. "Combined with this buyer's market we're currently experiencing, there's potential for buyers to purchase a home at virtually wholesale pricing."

Known for its small town charm, excellent schools, and ideal proximity to the Silicon Valley, Morgan Hill has become one of the most valued addresses in the Santa Clara Valley. Ranging from approximately 2,281 square feet to approximately 3,185 square feet, homes at Viento offer the perfect balance of indulgence and convenience. With features like gourmet kitchens and spacious master suites, no detail of quality has been overlooked in these homes.

The Viento auction will be held at 5 p.m. at the Hilton hotel in downtown San Jose.

Potential buyers must be pre-qualified prior to the auction. Competitive loan programs have also been arranged through Wells Fargo Home Mortgage to further simplify the home buying process, making it a more turnkey solution for potential homebuyers. Wells Fargo will be available on-site daily to review these programs with prospective buyers and to provide details for program qualification.

Accelerated Marketing Partners

Accelerated Marketing Partners, a full-service residential real estate firm with offices in Boston, San Francisco and Irvine, Calif., specializes in the development and implementation of both accelerated and conventional marketing and sales programs. The company has brought together the industry's most seasoned professionals with decades of experience providing strategic solutions for residential real estate developments nationwide. Accelerated Marketing Partners offers comprehensive integrated services including detailed marketing analysis, management of on-site sales initiatives and accelerated marketing campaign development and implementation. For more information, please visit http://www.acceleratedmp.com.

Contact Information

  • Contact:

    Accelerated Marketing Partners
    Ken Stevens
    (925) 362-1442