Dec 12 - Repossessed Spanish residential properties have sold this year for 65% less than their initial valuations, a significant deterioration from previous years. The acceleration in price declines ...
Purchasing a repossessed home can be an attractive option for those looking for a bargain and willing to take on a bit of risk. These properties form part of the wider category known as distressed ...
702 and CapeTalk’s Africa Melane speaks with Rasibe Maapola, an estate agent from Lesso Estates. Maapola recommends that buyers “tread carefully” despite the South African Reserve Bank keeping the ...
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The risks and rewards of repossessed property sales
BUYING a repossessed home can be tempting for bargain hunters, but property experts warn that the risks are often as big as the savings. According to RE/MAX Southern Africa, repossessed properties ...
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