FOR IMMEDIATE RELEASE              

Bank Sets Auction Date for Two Custom Homes with Spectacular Ocean
and Intracoastal Waterway Views in Ocean Isle Beach, NC.

Anyone who's dreamt of owning a home within walking distance of the beach should register for this auction where two brand-new custom homes will be auctioned on behalf of the bank on Friday, October 12, 2007 at 12 noon. 

With lovely ocean and inlet views, each home has 4 bedrooms and 3 baths, with an open floor plan, hardwood floors and cathedral ceilings in the family room.   Other outstanding amenities include in-ground pool, irrigation system, gas fireplace, and granite countertops.  One home is elevator-equipped and the other is ready for elevator installation.  Each also has large closets and a whirlpool tub in the master bath.  These are truly ideal vacation homes or residential investment properties. 

Interested bidders may walk through the houses with Bill Londrey, Executive Vice President of Tranzon Fox, when he is in Ocean Isle Beach on October 5 to oversee an open house from 10:00 - 12:00 p.m.  According to Londrey, "If you are in the market for a vacation home, you can't afford to miss this auction.  Look no further, the opportunity is here."  

Tranzon Fox, headquartered in Virginia Beach, VA, (NCAF4953) is a full-service real estate auction company and a member company of Tranzon, L.L.C., which is based in Richmond, Va.  Founded in 2001, Tranzon L.L.C. has 14 independently owned and operated member auction companies that collectively have more than 20 offices coast-to-coast.  The professionals working at Tranzon member companies specialize in providing real estate, business asset and liquidation auction and accelerated marketing services to corporations, financial institutions, trustees, individuals and estates throughout the U.S.