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Value of repossessed properties

What is average repossessed price paid in Brierley Hill, West midlands.

Asked on Jun 14 2013, House Prices in Brierley Hill | Report content

Answers (1)

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  • This is an expensive statistic to collate. Recent Fitch report showed that 87% of repossessions were sold for less than the outstanding mortgage. In most instances the outstanding mortgage is less than the properties value.

    Answered on Aug 6 2013, Report content

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