Oregon Home Builders Auction Surpasses 1500 Registered Bidders

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LAKE OSWEGO, OR – December 6, 2007 – Buena Vista Custom Homes announced today that their upcoming auction of over 250 homes has reached 1,500 registered bidders.

The auction, believed to be the largest buy a single seller in Oregon history, will take place on December 15th and 16th at the Oregon Convention Center with doors opening at 9am and the action beginning at 10am. Prospective bidders may register at www.auctiontoday.com

The homes that will be offered are located in some of the most popular selling communities in the Portland Metropolitan area. Communities include: Beaverton, Happy Valley, Hillsboro, Sandy, Bend and Scappoose. Floor plans range from 1113 to 5073 square feet and many include Buena Vista’s popular amenity package’s which include designer finishes such as granite counter tops, extensive hardwood floors, cherry cabinets, stainless steel appliances, multiple fireplaces and much more.

“We are thrilled by the amazing response to the auction. Buyers are going to get some amazing deals and we are certainly motivated to sell,” said Roger Pollock, owner of Buena Vista Custom Homes.

Over 250 New homes, investment properties, and condominiums will be auctioned. On-site financing will be available at the auction by Countrywide Home Loans and Wells Fargo with down payments as low as 5%. Loan prequalification before the event is available via phone. Event admission and registration are free. Bidders must have in their possession a $5,000 cashiers check made payable to themselves on auction day in order to receive their bidder number. Winning bidders will be required to put this $5,000 toward their down payment and write a personal or business check for the remainder of the down payment open to escrow. All escrow on properties sold at the auction must to close within 21 days after auction.

About Buena Vista Custom Homes: Buena Vista Custom Homes is a custom builder dedicated to making the dream of purchasing an affordable home a reality. Buena Vista currently has developments in Hillsboro, SW Portland, Beaverton, Tigard, Wilsonville, Happy Valley, Cooper Mountain, Murray Hill and the Tri-Cities. Buena Vista was named the fastest-growing business in Oregon by The Portland Business Journal. In 2004 and 2005, the Daily Journal of Commerce named Buena Vista the 2nd largest Luxury Home Builder. In early 2005 the Portland Metro Home Builders Association honored Buena Vista with their “Building Excellence Award” as well as presenting them with the honor of “Best Builder Website.” In late 2005, Builder Magazine named Buena Vista the fastest growing builder in the U.S.

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