Jump to content
House Price Crash Forum
Sign in to follow this  
R + R

Southern Repo Auction

Recommended Posts

r+r i am blocked from viewing this in my london office

be interested to see what things go for

the 1 bed castleforbes square flats were 340k euro , now 100k euro reserve...

much of the auction is similar to this

Edited by getdoon_weebobby

Share this post


Link to post
Share on other sites

Looks like published reserves were unrealistic perhaps intentionally, or the market is just that hard to read.

Sky news running a piece on this (revolving). Point made about lack of transparency in recorded sales prices in the market in general, and that this format allows buyers to set the real value, rather than vendors kite flying exercises to date. Reporter described one property was 3 mil Euro, down to 600,000 as a 'bargain'!

Share this post


Link to post
Share on other sites

http://www.daft.ie/searchsale.daft?id=581123

under 100k euro reserve and went unsold.............

there were asking from 340k euro in 2007

So 428 Castleforbes Square goes for €129,000 and 45 lots later 357 Castleforbes Square doesn’t get a bid of €100,000

Negative equity of 30% in a few hours…

Edited by getdoon_weebobby

Share this post


Link to post
Share on other sites

http://www.daft.ie/searchsale.daft?id=581123

under 100k euro reserve and went unsold.............

there were asking from 340k euro in 2007

So 428 Castleforbes Square goes for €129,000 and 45 lots later 357 Castleforbes Square doesn’t get a bid of €100,000

Negative equity of 30% in a few hours…

sold after the auction for €99,000

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.