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REPOSSESSED homes are flooding the market with properties being offered at heavy discounts – some selling for just a quarter of their previous sale prices. Two separate studies have shown a dramatic.
Amid the chaos, there are opportunities aplenty for canny buyers on the lookout for bargain basement investments or knockdown vacation homes. Here are some of them. Italian Prime Minister Mario Monti.
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The homes are selling for as little as £20,000 in cities. for under £65,000. "It was repossessed and on sale for almost £90,000 but I bartered," he says. "It’s a lovely holiday home and I can hold.
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