We have a broad network of partners in real estate and associated sectors of banking and legals with whom we have built a long standing mutually beneficial relationship. This allows us to be informed of situations whereby a transaction needs to be closed in a time sensitive manner, and allows us to offer these opportunities to our clients. Repossessed and distressed properties are usually offered at a significantly reduced price to promote a fast sale. A repossessed property is one that has come under the ownership of a bank or mortgage provider. This occurs when a mortgage borrower has fallen into arrears or when a developer or landlord is facing bankruptcy. A lender can put the property on the market through an estate agent, to enable them to recoup the cost of the original loan.
The list of opportunities is dependent on what’s being offered to us at any given time. Property developers often have to exit a project before completion due to situations out of their control and need a suitable solution, this is where we through our strong network have development opportunities that are offered to us directly. We will work closely with you to understand your preference and keep you informed and updated when suitable opportunities are available. We ask that you are in a position to move fast to take advantage of these opportunities.
List of Distressed Opportunities:
