Originally posted by andy
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Reply to: Good News For Some ...
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Previously on "Good News For Some ..."
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Auctions are often advertised in the local papers. I've bought a good few properties in the UK this way. You can pick them up real cheap. Get some friendy polish builders to slap in a new kitchen and bathroom and you're laughing all the way to the bank.
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Wembley market.Originally posted by andywhere do they sell these repossessed homes
I want to buy cheap as chips homes
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where do they sell these repossessed homes
I want to buy cheap as chips homes
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Interest rates rose only twice last year, 0.25% each time, and one of those was in November. Was that when the massive increase in repossessions happened?? December?Originally posted by ImNotFromIndiahttp://news.independent.co.uk/busine...cle2204139.ece
"Home repossessions surged by a massive 65 per cent last year as thousands of households buckled under a mountain of debt and the burden of rising interest rates."
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Lenders said 17,000 homes were repossessed in 2006
Between 1990 and 1993, nearly 250,000 repossessions.
We have a long way to go yet.
It's like someone else said here recently.
"Burglaries up 100%" in a small town, when the number that year had gone from 1 to 2.
PS. House prices will double this year. Buy now whilst they are practically giving them away.Last edited by DimPrawn; 1 February 2007, 18:37.
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Good News For Some ...
http://news.independent.co.uk/busine...cle2204139.ece
"Home repossessions surged by a massive 65 per cent last year as thousands of households buckled under a mountain of debt and the burden of rising interest rates."Tags: None
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