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Homeauctions

auctions

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…

Two-month suspension of auctions by servicers for those hit by natural disasters
Experts

Two-month suspension of auctions by servicers for those hit by natural disasters

13 September 2023 Editors

Relief measures for those affected by the Daniel disaster were announced by the Association of Loan and Credit Claims Management…

Tax office to move ahead with 50 auctions over summer
Buzz Talk

Tax office to move ahead with 50 auctions over summer

9 June 2023 Editors

Residences, maisonettes, warehouses, commercial buildings, parking lots and plots of land will be sold by the Independent Public Revenue Authority…

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%
News

Auctions: 1 in 4 properties sold at reduced bid price of up to 35%

3 March 2023 Editors

More than one in four properties sold by auction went for a reduced price of between 20-35%. These are the…

Pre-election thoughts on three auction interventions
Featured

Pre-election thoughts on three auction interventions

21 February 2023 Editors

The government seems to be weighing up legislative intervention to further protect primary residencies from auctions, according to sources, at…

Servicers: Are auctions legal or not?
Featured

Servicers: Are auctions legal or not?

26 January 2023 Editors

The Plenary of the Supreme Court will be called on Thursday to answer the question that has arisen due to…

Auctions: Court pulls brake on foreclosures for small amounts
Highlights

Auctions: Court pulls brake on foreclosures for small amounts

6 December 2022 Editors

A decision issued by an Athens Magistrate’s Court has ruled against the practice of banks and debt collection companies seizing properties…

8 out of 10 auctions passed in
Analysis

8 out of 10 auctions passed in

24 November 2022 Editors

The European Commission characterizes the high percentage of barren auctions as a source of concern and notes that in the…

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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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