Repossessed properties are often seen by investors looking at ‘buy to lets’, as a great option but is it the best option? And do repossessions actually make good investments? If you’re short on time…. then the quick answer is yes. They can make great investments!
Repossessed houses can offer a lot of potential for property investors in the buy-to-let market not least of all because they are often sold below market value. The truth is however that mortgage companies and estate agents will do anything in their power to hide the fact that they have been repossessed. So the secret […]
There’s no doubt that repossessed properties can make great investments but if you’re seriously looking to buy repossessed houses in the UK then you must consider these three potential problems before you place any offers. These problems are hidden damage, gazumping and the speed of sale.