Error 74 red flashing light in third spot, x box shut down

please call xbox for the repair of the console

This is caused by overheating.

MS warranties any red lights for 3 years, if it's outside the warranty you can send it in to a third part repair place or to MS (although MS is expensive).

Microsoft offers warranties on 360's up to 3 years on e-74 error. They changed the policy about a year ago!

just do the x-clamp fix kid

:( Feel Sorry for you. 3/4 of RROD means a SUPERFRIED Xbox. give it to a hobo and say Merry Fakemas!

Do the X clamp fix. I have repaired countless consoles with this fix that had the E74 error

The cause of E-74 with one red light Error might be overheating of your console and for avoiding such error in future you need to put your machine at an open space. Ensure that it is placed near the window or you can also make some external arrangement for cooling of console such as cooling the machine through a pedestal fan.
But as your Xbox already have E74 with one red light Problem which can be solved by only repairing it, no other alternative.
Either you can send your Xbox to Microsoft (Please note that microsoft is no longer providing extended warranty for E74 with one red lightError) and wait for 3-4 weeks. If you don't want to wait for a month, you can also fix E74 with one red light problem with the help of this DIY Video, the guide will explain step by step approach to fix the problem. Choice is yours........

Hey cosmosis08, this error specifically means a bad A/V cable. Try using a different HDMI cable :)

Hope this helps, Robert

my xbox 360 is not working right when i tern it on my flashing red light come's on i just wont ta know if it's broke'n

There are a ton of errors that can occur what error did you get E45-E79 there are about 15 total errors for the bottom right light flashing but generally it is Hardware failure. Could be DVD drive Hard drive. Would help more if you havd some numbers or something.