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Homeauctions

auctions

30,000 real estate auctions per year from servicers
News

30,000 real estate auctions per year from servicers

23 October 2024 Editors

Around 25,000 houses have been collected to date by banks and servicers as part of efforts to recover funds from…

Most auctions remain barren, creating headaches for servicers
Editorial

Most auctions remain barren, creating headaches for servicers

14 October 2024 Phil Karametos

Most auctions being conducted remain barren, which creates a big problem for servicers, who have based securitization business plans on…

Tax office targets larger debts with home auctions
Buzz Talk

Tax office targets larger debts with home auctions

8 October 2024 Editors

After a break of 2.5 months, auctions prompted by the tax office will resume for those owing larger amounts, in…

2 out of 3 e-auctions fail to produce result
Featured

2 out of 3 e-auctions fail to produce result

18 September 2024 Editors

About 2 out of 3 homes that go under the hammer online are declared void. According to data from the…

EU raises concerns over judicial obstacles to auctions
Featured

EU raises concerns over judicial obstacles to auctions

20 June 2024 Editors

Despite the fact that the restructuring of problem loans by servicers is progressing, it continues to face difficulties, points out…

48 hotels to go under the hammer by end year
Business

48 hotels to go under the hammer by end year

19 June 2024 Editors

Dozens of hotel businesses of all categories are expected to go under the hammer in coming months, with the first…

Properties worth more than 1 bln euros to go under the hammer
Featured

Properties worth more than 1 bln euros to go under the hammer

4 April 2024 Editors

More than 10,000 auctions are scheduled to be held in the next six months, with properties worth more than €1…

Time-consuming auctions threaten securitizations
Featured

Time-consuming auctions threaten securitizations

29 February 2024 Editors

Loan servicers say that serious problems have arisen in the holding of electronic auctions as the execution procedures exceed two…

Success rate of home auctions remains low
Highlights

Success rate of home auctions remains low

5 February 2024 Editors

The percentage of real estate auctions that are succesfully concluded remain low. According to the data of the consultancy and…

14,000 real estate auctions planned worth €1.3 bln
Featured

14,000 real estate auctions planned worth €1.3 bln

27 October 2023 Editors

About 14,000 new property auctions worth an estimated 1.35 billion euros are expected to be held in the next ten…

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Alpha Bank attica bank auctions Bank of Greece Banks Cepal doValue Eurobank extrajudicial mechanism HERCULES Intrum Loans National Bank NPEs npl NPLs Piraeus Bank Qualco Real Estate servicers
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