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Online RE Auctioneer Expands into ‘Debt Auctions’ 

Mar 20, 2009By

Want to buy non-performing mortgage notes? Well, first you’ve got to go where the debt is. One Newport Beach, Calif.-based auctioneer says they have the solution, in the form a new online website designed to manage the auction of debt notes. The LFC Group of Companies, which manages a portfolio of online real estate auction websites, said Thursday that the company has launched BigBidder.com as a tool for investors to buy and sell notes secured by real estate.

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