Bad bank properties enter the market

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This topic contains 6 replies, has 7 voices, and was last updated by Profile photo of Anonymous Anonymous 3 years, 9 months ago.

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  • #57257
    Profile photo of katy
    katy
    Spectator

    http://www.diariosur.es/v/20130205/marbella/banco-malo-sale-mercado-20130205.html

    Properties in two urbanisations in Marbella are being sold through the bad bank. They aren’t exactly bargains 🙄

  • #114997
    Profile photo of Chopera
    Chopera
    Participant

    The article implies the bad bank will be selling the properties through the Bankia Habitat portal.

  • #115020
    Profile photo of Anonymous
    Anonymous
    Participant

    I agree with Katy, these are hardly bargains!!!!! 😆 good luck to them

  • #115346
    Profile photo of Anonymous
    Anonymous
    Participant

    I was in CDS last week and met quite a few agents. It seems that SAREB are keeping large developments, land, warehouses, industrial sites. The smaller blocks or wherte a few left over properties in a development are being given back to the Banks to sell them on.

  • #115680
    Profile photo of angie
    angie
    Spectator

    Latest update on Sareb Bad Bank and likely conflict of interest with agents, seems like Sareb are being coy as to what their plan really is 😕

    http://www.surinenglish.com/20130217/news/cost … 71735.html

  • #115681
    Profile photo of Anonymous
    Anonymous
    Participant

    So basically the agent says ‘get out of our way as we are trying to sell these properties for more money than SAREB can’….

    How?

  • #115689
    Profile photo of Anonymous
    Anonymous
    Participant

    No he is saying that agents are sad puppies because there is no way of negotiating with Sareb so far. No use of showingclients these properties because no one will pay asking price.

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