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How to get a cheap Bank repossession properties ?

It would appear that repossesions are a good way to get a property under current market value, however how would you find out about them ? Is this information available to all of us ? Is the purchase any different because it's a repo ie are lenders a bit more wary ? Solutions : If it property is being reposessed the seller (mortgage company) also considers the speed of sale - if they "could" get a higher price with another buyer they will also consider how quickly the sale could go through. Therefore some latitude is given to agents in what offer is accepted (eg an agent can say that buyer "x" is well known to them and can proceed quickly. Buyer "b" offered 10k more but is an unknown quantity. Bank Repossesion Houses List Database These days repo's don't really go much cheaper we had one only 3 months ago and it went well over asking price. If you were to ask an agent to give you a call when one is available its very r

Boat and House repossessed by Recievers Kordamentha for saville group MD Sam Cheir

KordaMentha as the receiver of the failed Saville Property Group is divesting both the company's assets and those owned personally by principal and MD Sam Cheir. Property developer Saville Australia has become the latest casualty of the global credit squeeze, with managing director and owner Sam Cheir losing the company’s final asset, its CBD headquarters, and his own home and luxury boat to the banks. A luxury yacht of his has been repossessed Repossessed Luxury Boats The luxury 25-metre cruiser, a Sunseeker Predator 82 for which he is believed to have paid about $7 million several years ago, has been repossessed by a finance company and is also up for sale The various projects of the Saville Australia property development arm are being sold off, along with its headquarters Repossessed Home A debt to Bank of Queensland will be paid after the record-breaking sale for the residential property market in Perth of Cheir's home for $A8.5m Mr Cheir’s repossessed Georgian-styl

Dubai repossessed Houses !!

It seems like everyone’s singing the same tune when it comes to the real estate market today. In the news and on the street, realtors are saying that it’s a buyers market, especially when it comes to foreclosures. ABOUT THIS 4 - DETACHED Beautiful garden villa on the world-known Palm,Dubai project in Jebel Ali. Maximise the return on a residential masterpiece and enjoy a sunset second-to-none! City/Town: Dubai Address of Property: Dubai, U.A.E Postcode/Zip: [MAP] Bedrooms: 4 Reception Rooms: 0 Bathrooms: 3 Type of Property: Detached Price: us$ 970.00 [ CONVERT ]   CONTACT INFORMATION Email Seller: EMAIL SELLER Contact person: Manisha Assanand Advertiser Type : Phone: 00971-50-5833661 Sellers City, County : Dubai Dubai -- URL: DUBAI Map: VIEW PROPERTY LOCATION SEE OTHER LISTINGS BY THIS USER (0) Dubai is one of the most popular destinations for people in India and all over the world.