MILL CREEK TERRACE, KANSAS CITY, MO                       Auction Photos

$9,700,000 in sales on auction day
42 units sold in 90 minutes
18 additional homes added to original auction inventory due to
         unprecedented demand in market
Average sales price achieved was 50% higher than minimum
         bid prices
Total condo sales in Missouri in all of prior year was only 200 units
Worked with Seller who had purchased property on distressed basis
         allowing Seller to realize excellent returns on its investment,
         well above original projections
Over 1,200 prospect visits generated 157 registered bidders
Sales price at auction for a 1 bedroom line of units was actually
         10% higher than a conventional sale made on similar unit
         just 6 weeks prior to auction
 
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