Response to Information on recently repossessed homes

This is a rather vexing issue.

About a year ago I asked readers of the site's newsletter if they thought it would be helpful for me to add a way that they could advertise their repossessed home or soon-to-be-repossessed-home on the site. The idea was that it would give us a way of recording offers and maybe showing that lenders to dump repossessed property at lower prices than they should. In some cases it might give us a way of actually selling the home for more than a lender would. At the end of the day it would reduce the potential shortfall claim that any lender could lay on its customer.

The response was overwhelmingly in favour of the idea and the only reason I haven't done it is that I couldn't find a way to do technically at the time. I could now but it would be time consuming to do at the moment.

I still welcome the opinions of all readers on this.

Lee

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