(The new properties added in April 2012, click to enlarge)
NAMA has today published its now regular monthly list of properties subjected to foreclosure action – the list shows NAMA foreclosed properties at the end of March 2012. The full list is here, the list of new properties added is here, and you will find previous editions of the monthly list which was first launched in July 2011, here. It is hoped to have the list in a spreadsheet format shortly, available here.
You should read the full list of NAMA’s terms for accessing the lists here. But in summary, this is what you’re looking at:
(1) Real estate property subject to loans in NAMA to which receivers have been appointed. The receiver’s website is shown against each property.
(2) This is all the real estate foreclosed sorted by country, and then region.
(3) Not all of the property may be for sale.
(4) Contact the receiver with enquiries or expressions of interest in the first instance. Only pester NAMA if you’re not getting any response from the receiver and make allowances for receivers being busy with queries, particularly after a new release of foreclosed property.
(5) If you think there are mistakes on the list, contact NAMA.
Comment and analysis here shortly.
The Scottish one was Argowan Homes, funded by AIB.
In the words of the insolvency guy:
“The timing of the development – which is aimed at high earning executives, successful entrepreneurs and even top-level, professional footballers – could not have been more unfortunate.”
http://www.jcca.co.uk/latest-news/irish-euro-woes-reach-scottish-insolvency-market
3 sales in Northern Ireland in April :
48 plots, some partially build at Beech Meadows, Waringstown, Co Down. No asking price was ever advertised : http://www.osborneking.com/ps_details.asp?propertyID=1757
Two houses at Strand Road, Portstewart Co L/Derry.
No 76, a 4b semi was on the market at £595,000 : http://www.armstronggordon.com/brochure.php?p=ASGASG1129&s=177331257&i=0&c=14
and no. 101, a 5b detached, which was on the market at £295,000 : http://www.armstronggordon.com/brochure.php?p=ASGASG2110&s=177331257&i=3&c=14