. Here are just a few of the reasons that homeowners and investors are going to the Bank Auctions / foreclosure market.
1.PRICE ADVANTAGE: Bank Auction properties are approximately 25 % cheaper than market price.
2.LEGALLY SAFE: Since Banks / Financial Institutions have given loan after verification of all the legal aspects only, Bank Auction properties are 95 % legally safe.
3.CREDIBILITY OF SELLER: You are buying from a Bank / Financial institution, which is authorized by Govt of India to sell such properties.
4.TIME FRAME: Entire transaction will be over in less than two months period. Ownership will be transferred in one month.
5.TRANSPARENCY: 100 % transparent transaction!