PJARCHER replied to the topic Mortgagee Sales – Who Suffers in the forum Help Needed! 17 years, 10 months ago
Stuart,
From what I’ve seen, the banks never miss out. That said I’ve just had a low ball offer rejected by a bank on a mortagee sale. My understanding is that the banks would have a very good understanding of the market place and would be aiming to recover their own funds plus make some potential profits. I also understand that there is…[Read more]