Bad bank properties enter the market

This topic contains 6 replies, has 7 voices, and was last updated by  Anonymous 4 years, 11 months ago.

  • Author
    Posts
  • #57257

    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

    Chopera
    Participant

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

  • #115020

    Anonymous
    Participant

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

  • #115346

    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

    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

    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

    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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