BANK AUCTION PROPERTIES


There is an opportunity to buy properties, attached/seized by the Banks and are being e-auctioned or auctioned by the Banks. Buyers are required to obtain diligent title or opinion on the properties, check with the chartered engineers about the quality and above all, check the compliance to the prevailing laws. Bank Sanction of loans or … Continue reading BANK AUCTION PROPERTIES

BANK ATTACHED OR AUCTION PROPERTIES – WATCH OUT – BEWARE


There are innumerable advertisements in newspapers and on the internet regarding the attachment or taking over the possession of the properties, who have defaulted the repayments by financial institutions/banks and such properties are being auctioned by the financial institutions and the banks. Some very interesting facts: a. The deliberate default of the loan repayment - … Continue reading BANK ATTACHED OR AUCTION PROPERTIES – WATCH OUT – BEWARE