Bad bank properties enter the market

Viewing 6 reply threads
  • Author
    Posts
    • #57257
      katy
      Blocked

      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
      Blocked

      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.

Viewing 6 reply threads
  • The forum ‘Spanish Real Estate Chatter’ is closed to new topics and replies.