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Real property foreclosures - next big factor on the Bulgarian market
2010-01-26 00:55 News from klassa.bg

Real property foreclosures will be the next big factor on the local market as banks prepare to put up for sale flats of failed mortgage payers, real estate brokerage Address predicts.

Currently, a number of banks have got their own REITs up and running - Raiffeisenbank, Postbank, Centra cooperative Bank (Ccorpbank), Corporate Commercial Bank (CCB) and the Bulgarian-American Credit Bank (BACB). Others like DSK Bank, Cibank, UniCredit Bulbank and Piraeus Bank publish their foreclosures online and work with private enforcement agents.

This News is listed at news.Guide-Bulgaria.com

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