Repossessions and auctions
Language: English Series: Estate Agent ; April 2009, 6-7(2)Publication details: 2009Subject(s): Summary: Reveals that while most properties taken by lenders are still sold by estate agents, the auction houses are quickly gaining ground. Reviews the changing market situation including a growing trend to fast-track a repossession into auction, where properties have often fetched very low prices. Finds that the re-emergence of repossessed properties in the auction room marks the return of the investor.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | L147227 (Browse shelf(Opens below)) | 1 | Available | 147227-1001 |
Reveals that while most properties taken by lenders are still sold by estate agents, the auction houses are quickly gaining ground. Reviews the changing market situation including a growing trend to fast-track a repossession into auction, where properties have often fetched very low prices. Finds that the re-emergence of repossessed properties in the auction room marks the return of the investor.