Bagging a bargain: Part 2 - How to buy below market value with repossessions
Bagging a bargain: Part 2 - How to buy below market value with repossessions
23rd January 2008
By David Lawrenson
Right now you can get some great deals on properties.
About 1.5 million people who took out mortgages within the last 2 or 3 years are coming to the end of fixed or discounted mortgages and are struggling with much higher mortgage repayments.
As many borrowers struggle, a whole industry has been set up to identify people who are facing repossession or who need to sell fast for others reasons. Welcome to the world of buying below market value.
If you do a search for "below market value property" on Google returns, you'll get almost 2 million search items returned.
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