Bank repossessions - Eye on Spain

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Tuesday, January 22, 2008 san miguel Adosado I'm in an better place I've made 286 posts Send private message to san miguel	This message was last edited by san miguel on 2/4/2008. _______________________ Spam post? If so please click here to report it
22 Jan 2008 6:38 PM morerosado EOS Superstar I'm in Somerset, UK / Guardamar Del Segura on the Costa Blanca I've made 5776 posts Send private message to morerosado	Read this thread SM.. It's Starting!!!! _______________________ Away till 24th October in Spain Spam post? If so please click here to report it
22 Jan 2008 6:43 PM san miguel Adosado I'm in an better place I've made 286 posts Send private message to san miguel	This message was last edited by san miguel on 2/4/2008. _______________________ Spam post? If so please click here to report it
22 Jan 2008 6:49 PM morerosado EOS Superstar I'm in Somerset, UK / Guardamar Del Segura on the Costa Blanca I've made 5776 posts Send private message to morerosado	No probs, love the pig with the money. ................................................................................ San Miguel asked I've noticed some Spanish estate agents are now advertising bank repossessions. In the UK these can be a good buy. In Spain;- - Are these a good buy? - What is the risk? - what about title deeds? This message was last edited by morerosado on 1/22/2008. _______________________ Away till 24th October in Spain Spam post? If so please click here to report it
22 Jan 2008 8:14 PM Candyfloss Villa I'm in Cardiff / Santiago de la Ribera I've made 1330 posts Send private message to Candyfloss	Hi San Miguel Can't speak for the Spanish repos but you will find in the UK that as the majority of reposessed properties have high mortgages on them these days so the lenders have to achieve a lot more to cover the debt. I think that there is a misconception about repos being cheap! _______________________ Spam post? If so please click here to report it
23 Jan 2008 7:38 AM mariadecastro Villa I'm in Algeciras (Cadiz) I've made 1049 posts Send private message to mariadecastro	PLease have answers below in blue: I've noticed some Spanish estate agents are now advertising bank repossessions. In the UK these can be a good buy. In Spain;- - Are these a good buy? Usually they are cheaper than market. Anyhow, market prices are falling too now. - What is the risk? No risk. You buy them in an official public auction - what about title deeds? They will be granted into your name at your expense and will be registered under your name to in the Lan Registry. You will have, of course, full ownership on them. _______________________ Maria L. de Castro, JD, MA Lawyer Director www.costaluzlawyers.es Spam post? If so please click here to report it
23 Jan 2008 10:09 AM rowlandsbb Adosado I'm in Macclesfield Cheshire >>> Huercal Overa I've made 460 posts Send private message to rowlandsbb	How do I find details of the official public auctions for say the area between Alicante and Mojacar? _______________________ Brian Rowlands BSc FRICS -Chartered Surveyor & Overseas Property Agent www.bbspanishproperties.co.uk Spam post? If so please click here to report it
23 Jan 2008 10:14 AM mariadecastro Villa I'm in Algeciras (Cadiz) I've made 1049 posts Send private message to mariadecastro	Public Auctions are held in Courts. The Court dealing with the repossession procedure shows them in its notice board . _______________________ Maria L. de Castro, JD, MA Lawyer Director www.costaluzlawyers.es Spam post? If so please click here to report it
23 Jan 2008 1:05 PM morerosado EOS Superstar I'm in Somerset, UK / Guardamar Del Segura on the Costa Blanca I've made 5776 posts Send private message to morerosado	San Miguel. Advice from Maria is invaluable. We're honoured she is available to us so freely. (Thank you Maria. Please advise your new website as the one you gave me won't work.) _______________________ Away till 24th October in Spain Spam post? If so please click here to report it
23 Jan 2008 9:35 PM san miguel Adosado I'm in an better place I've made 286 posts Send private message to san miguel	This message was last edited by san miguel on 2/4/2008. _______________________ Spam post? If so please click here to report it
23 Jan 2008 11:25 PM EOS Team Moderator I'm in Costa del Sol I've made 2141 posts Send private message to EOS Team	Intersting subject and indeed an avenue for potential purchasers. All we need now is a list of courts to visit and what's on offer....a business opportunity for someone there me thinks, collating all the info together! Justin _______________________ Spam post? If so please click here to report it
24 Jan 2008 10:57 AM Rixxy Villa I'm in San Pedro I've made 1847 posts Send private message to Rixxy	You need to know your stuff on this. Firstly the good deals tend to be farmed out to friends, family, bank employees, lawyers notaries and their hangers on way before it gets to the open court. At court you are invited to bid by tender - in writing - its not the open arm up bidding type auction. There will be a notice at the court giving time before the day and time of the tenders. There are many cartels who specialize in these properties and for a fee will guarantee the property for you! Also these properties may be clear of mortgage debt but usually have community fees outstanding and other debts from the previous owner which can come out of the woodwork, so ensure you do your homework very well. It was for all the above reasons that I concentrated on distressed owners who have to sell, just before the bank steps in! God luck with it. _______________________ Quite frankly m'dear, I don't give a damn! info@direct-auctions.com www.direct-auctions.com www.weightmanagementclubs.com Spam post? If so please click here to report it
24 Jan 2008 5:53 PM tinto. Ático I'm in Nr Estepona I've made 171 posts Send private message to tinto.	I thought this was quite an interesting article http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aajXobh_gqBc Spam post? If so please click here to report it

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