2008-04-16 18:55:51 - Minimum Bids over 75% Off of Original Asking Price

NORTH WILDWOOD, NJ - Max Spann Real Estate & Auction Company, will hold an auction for stunning 'beachfront' condominiums along the Jersey shore on Sunday, May 4, 2008 at 1:00 p.m. The 'new construction' properties, located in North Wildwood, New Jersey are offered at a starting bid of 75% off the original asking price. The minimum selling price for the

spacious two, three, and four bedroom luxury residences starts at $175,000.

The Pointe at Moore's Inlet boasts 26 brand new condominiums available for purchase, located at 101 West Spruce Avenue in beautiful North Wildwood, New Jersey. The auction for these properties will be held on Sunday, May 4, at 1:00 p.m. at the Borgata Hotel & Casino in Atlantic City, New Jersey.

Just before the summer season begins, buyers can enjoy this once elusive waterfront lifestyle. 'This is a once in a lifetime opportunity to own a condominium right on the beach. The previous asking price for the penthouse units was well over a million dollars, they truly are spectacular' says Bob Dann, Vice President of Max Spann Real Estate & Auction Company.

The Pointe at Moore's Inlet, boasts spectacular views of the Atlantic Ocean, Stone Harbor, and the Inlet. Homeowners will enjoy spacious two, three, and four bedrooms that range in size from 1500 to over 2500 square feet. Each luxury residence features gourmet kitchens and granite countertops and state-of-the art stainless steel appliances.

Superior quality interior amenities include ceramic tile foyers, hardwood floors, elevators, and bathrooms with granite countertops and Jacuzzi tubs. Private, open-air balconies, as well as a courtyard pool, with whirlpool spa and a picnic area to experience the ocean air. 'Anyone who purchases this spectacular home can experience beach front living at its best,' says Max Spann, Jr. president of the Max Spann Real Estate & Auction Company. 'You will be able to open your door and literally walk out onto the beach. Water sports, golfing, dining, night life and entertainment are just some of the benefits to this Jersey shore community.'

Previews of the North Wildwood properties are available from noon to 3:00 p.m. on Saturday and Sunday throughout the month of April, specifically on April 19th, 20th and 26th.

Max Spann Real Estate & Auction Company offers 'live-time' bidding, where potential buyers can access the auction, on-line, as it happens, from anywhere in the country. 'By auctioning properties online, today's time thirsty professionals can shop for a home from anywhere in the world.' says Max Spann, Jr.

For more information about this auction and bidding instructions, please contact the Max Spann Real Estate & Auction Company at (908) 735-9191 or (888) 299-1438 or visit the Web site at www.maxpann.com

About Max Spann
The Max Spann Auction Company, in business for over 40 years, is a full service marketing company specializing in the accelerated sale of real estate through auctions. The Spann Auction group has converted hundreds of millions of dollars of assets into cash quickly and under favorable terms. The group handles every type of real estate transaction including condominiums, industrial sites, commercial buildings, farms and raw land, airports, hundreds of homes, country estates and multi-unit residential. For more information, visit the website at www.maxspann.com.