Bank Repossessions All the banks that have recovered property shares have now received instructions from the Bank of Spain to SELL THEM! These recovered houses come from bankruptcies of developers or people who can not pay their mortgages. We are currently working with a Spanish agent who works with numerous Spanish banks. If you are looking for a bargain, sometimes it is a good option to take a look at the recovered properties that are owned by the banks. Also buying a recovered property is usually the best way to get the best terms of the mortgage. Keep in mind that not all recovered properties are guaranteed a mortgage from banks, so if you need a mortgage, ask the question before viewing it. The banks will consider reasonable offers. What is the difference between housing recovery and foreclosure? The recovery of housing and foreclosure are legal advice online processes that refer to a creditor who takes home. These processes are simil...
