Comments on: Mortgagee sales again set new record level http://www.zoodle.co.nz/cms/blog/mortgagee-sales-again-set-new-record-level.html Sun, 22 Jan 2012 22:51:44 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: » Mortgagee sales - far from dark clouds on the NZ property market - Unconditional - The impartial voice of the New Zealand Real Estate industry http://www.zoodle.co.nz/cms/blog/mortgagee-sales-again-set-new-record-level.html/comment-page-1#comment-5965 » Mortgagee sales - far from dark clouds on the NZ property market - Unconditional - The impartial voice of the New Zealand Real Estate industry Sun, 15 Nov 2009 20:41:18 +0000 http://www.zoodle.co.nz/cms/?p=763#comment-5965 [...] Terralink reported that in the month of June; 289 registered sales of land and property were as a result of a finance company or bank selling the property following the borrower defaulting on the loan agreement. This is the highest single month ever and now represents just under 5% of all homes sold in the month. However when compared to the the US where the proportion of all homes sold that have been foreclosed (mortgagee sales) over the past year have been over 40%, NZ is suffering nothing like the same fall out. [...] [...] Terralink reported that in the month of June; 289 registered sales of land and property were as a result of a finance company or bank selling the property following the borrower defaulting on the loan agreement. This is the highest single month ever and now represents just under 5% of all homes sold in the month. However when compared to the the US where the proportion of all homes sold that have been foreclosed (mortgagee sales) over the past year have been over 40%, NZ is suffering nothing like the same fall out. [...]

]]> By: » Tracking mortgagee property listings - Unconditional - The impartial voice of the New Zealand Real Estate industry http://www.zoodle.co.nz/cms/blog/mortgagee-sales-again-set-new-record-level.html/comment-page-1#comment-4514 » Tracking mortgagee property listings - Unconditional - The impartial voice of the New Zealand Real Estate industry Wed, 16 Sep 2009 02:19:40 +0000 http://www.zoodle.co.nz/cms/?p=763#comment-4514 [...] recorded sales of mortgagee properties as measured and tracked by Terralink International and reported on Zoodle shows that the peak has yet to be reached with 289 sales in the month of June of this year, up 195% [...] [...] recorded sales of mortgagee properties as measured and tracked by Terralink International and reported on Zoodle shows that the peak has yet to be reached with 289 sales in the month of June of this year, up 195% [...]

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