Blog Post No. 182
Is It Smart to Invest in Repossessions?
11/08/2023
Episode 10 | Is It Smart to Invest in Repossessions?
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We’ve engaged our panel of seasoned property agents to shed light on the question: Is investing in repossessions a smart move? The responses have been as varied as the city itself.
Some agents emphasize the potential benefits, highlighting that repossessions can offer great deals for savvy buyers who carefully choose the right properties. However, others urge caution, emphasizing the importance of the property’s location, condition, and overall market demand. While repossessions might seem like an opportunity to seize, the competitive market in London can sometimes push prices above market value.
From pragmatic views on institutional transactions to cautious perspectives highlighting potential issues, our experts discuss the intricacies of investing in repossessions.
The Word From the Street is a series featuring real estate agents giving advice on property needs. We cover a wide range of topics, such as how to find the right property, how to negotiate the best price and how to prepare a property for sale. Each real estate agent is giving their unique perspective and expert advice. The series is targeted to a wide audience, from first-time buyers and sellers to experienced investors.
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