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Bibliographic Details

Title: The Complete Guide to Buying Repossessed Property Bargains: All You Need to Know About Buying a Repossession
Publisher: Lawpack Publishing Ltd 04/09/2008
Publication Date: 2008
Language: English
ISBN 10: 1905261799
ISBN 13: 9781905261796
Binding: Soft cover
Condition: Very Good

About this title

Synopsis

Repossessed properties tend to sell at below market value, so with repossessions on the rise, there should be lower-priced properties available. But it is almost impossible to find out what is available both on a national and local level. Neither is there a central database of repossessed properties for sale in the UK, nor are estate agents and lenders keen or willing to advertise property as repossessed. This book fills that gap by providing a practical, user-friendly guide for anyone interested in buying a repossessed property. It covers everything you need to know about buying a repossession, from knowing where to look, to understanding how to negotiate with estate agents and lenders, and buying at auction.It explains the repossession process, how to make a bid for a property and the process through which a property must be advertised once you have made a bid. It also discusses the problems you may face if you choose to buy a repossessed property and the action you can take to reduce or avoid these difficulties.

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