Tradehamster replied to the topic Buying below market value in NZ compared to UK in the forum Overseas Deals 13 years, 7 months ago
Hi Rich handThe NZ market is quite small, mortgage sales (foreclosures) are quite rare and a BMV are therefore unknown. I have been investing in Christchurch since 1995, have not been buying at BMV and I guess that is the case for all of NZ.