China Post Group, operator of the country’s postal system, will auction off 60 hotels, an asset exchange said, as the government urges state companies to shed non-core businesses.
The China Beijing Equity Exchange, a site for trade in unlisted assets, said on its Web site that China Post would sell the hotels through an auction at [...]
Properties sold at auction in Melbourne may not go to the winning bidder after a real estate agent on Saturday sold a Burwood East home for more money after the hammer fell.
The auction exposed a legal grey area, sparked outrage among the crowd - and drew the promise of a probe by the Real Estate [...]
Riddle’s Auctioneers has launched a new service for delinquent borrowers, Auction Before Foreclosure (”ABF”). Riddle’s can assist delinquent borrowers and their secured lenders avoid foreclosure by providing customized pre-foreclosure services.
A customized win-win solution for everyone. Borrowers can avoid loss of equity and credit worthiness. Lenders can reduce financial loss and keep foreclosed properties off their [...]
An “unrealistic” offer of €1.2m was disappointingly the only offer made on a 115ac Co Kildare farm.
Kehoe Auctioneers in Carlow were forced to withdraw the 115ac holding at Castledermot, Co Kildare, from auction on Thursday.
They had been quoting a guide price of €2m.
“We’re still looking for €2m but we did not get where we needed [...]
A rise in the number of repossessions seen across the UK could provide opportunities for buy-to-let investors, says CityWire.
Allsop estimates that 40 per cent of its 2008 auction properties will be repossessed homes, with many being typical of the kind of property bought by a buy-to-let investor.
Two properties coming up for sale in the next [...]
London auctioneer Allsop’s prediction that 40% of properties under the hammer next year will be repossessions means there will be some attractive opportunities for brave long-term buy-to-let investors.
Figures from Essential Information Group, which monitors all UK auctions, shows that the number of lots left unsold has risen from 24% this time last year to 40%, [...]
The first wide-scale rollout of online real estate auctions will allow potential buyers in Australia to participate via live video streams over the internet.
The service will be launched this month after a successful week-long trial recently. “You’re almost in the room without being in the room. If I was a bidder it would give me [...]
