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Record number of repossessed homes at auction Record number of repossessed homes at auction

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Old 29-01-2008, 11:49 AM
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Post Record number of repossessed homes at auction
Repossessed homes are hitting high levels according to Allsop, Europe’s biggest residential property auctioneer.In its February catalogue, Allsop is listing 410 lots over 2 days. Banks or mortgage companies are offering nearly 40% of them as distressed sales. Gary Murphy of Allsop said conditions like this haven‘t been seen since the early 1990s. At the [...]

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