Repossessed Property

Repossessed Properties for Sale – Why Landlords Should Be Searching For Them

The whole point of becoming a private rental sector landlord is to make money, there’s no denying this fact. Any method by which you can do this is a bonus, and finding properties with price tags below their true market value is a great place to start. Repossessed properties for sale are therefore the perfect properties to start looking at, but what exactly will this type of property give you?…

Read article

Repossession Property – Choosing for Buy to Let Purposes

The current economic climate has meant that repossession property is no longer hard to come by. The perfect repossession property for buy to let purposes is though. Very rarely does a decently priced property come up at auction that needs virtually no cosmetic or structural work doing to it, so in order to secure tenants quickly you need to compromise between price and property condition…

Read article

Where to Find Repossessed Property for Sale

Repossessed properties available to purchase used to be few and far between, but the current economic climate has resulted in thousands of homeowners defaulting on their mortgage payments, and ultimately thousands of properties becoming available to buy as a repossession…

Read article

Buying Repossessed Property – What Are The Benefits?

Buying Repossessed property comes with a variety of benefits that make it incredibly attractive to first-time buy to let landlords. It also has a number of potential drawbacks, however these are discussed in the separate article entitled ‘Things to Consider when Buying Repossession Properties’…

Read article

Buying Repossessed Property at Auction

It’s always exciting to go to an auction but property auctions are very serious events. One wrong move and you could accidentally bid for a property you don’t want, or worse still buy a property you don’t want and can’t afford. If you are thinking of purchasing repossessed properties at auction then you’ll want to remember the following advice…

Read article

Buying Repossession Properties

Buying Repossession properties often look like a bargain at first glance. In an auction catalogue they may have a guide price some 30% below their true market value but this doesn’t necessarily make them a great buy. A lot of repossession properties do have problems, and it is the money, time and effort needed to fix these problems that you need to think about before going along to the auction…

Read article