Dacion en Pago

Bank Owned Properties in Spain. Not All Are The Same

In the last blog post I talked about why you probably don't want to buy a repossessed home through a bank in Spain. This is true for about 95% of that type of stock but every now and again some interesting ones come up. This is because you need to understand the different types of property that the banks have on their books and how they came to have them.

Are the Spanish Banks Preparing to Break Ranks

Banks in Spain are a homogenous bunch usually. They don't compete too much on concession of mortgages although if you are a "good" client they might well give you maybe 0.25% less on your mortgage rate as long as you sign up for their insurance, credit cards etc...
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