Thursday, Dec 14, 2006

BTL first dibbs on Repos

CityWire: Fusion service to enable investors to grab repo deals

Buy-to-let investors can register with a new service which lets them get first option on repossessed properties, rather than having to bid against the professionals at auction.

Fusion Property Service has introduced a home buying service for lenders with vacant accommodation or arrears on a property which might move to repossession and homeowners seeking a quick sale.

Posted by dohousescrashinthewoods @ 01:39 PM (540 views)
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1 Comment

1. monty said...

What a brilliant idea!
If this kind of thing takes off, it could make the difference between a hard and soft landing. Great for the free market.

Saturday, December 16, 2006 02:12PM Report Comment

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