Distressed Sales

Some off-plan property Investors have a desperate need to sell before completion as either;

Their circumstances have dramatically changed (death, Divorce,emigration,loss of job etc.), or

They exchanged/completed on properties they could not financially keep, with the sole intention of flipping (selling on)

These property owners are forced to make a decision, either;

Sell for far less than the market value (DISTRESSED SALE)

Have the property repossessed by the Developer/bank and loose their 30% deposit