Although we no longer get a monthly full foreclosure list from NAMA which will show the additional properties foreclosed during the most recent month, NAMA has deigned to add a little title to its foreclosure section of its website which today says “Complete Listing as at 31st of July 2012” and we can now see that there are 1,281 properties in their foreclosure system compared with 1,229 last month. Of course there might be some properties removed, perhaps sold so we can’t automatically deduce that just 52 properties have been added.
So what is new this month?
Who knows Who can tell. Certainly not NAMA. You’ll have to search all 129 pages of the listing yourself and even then you won’t see the date upon which property was added.
In many ways, the new foreclosure feature added by NAMA at the end of July 2012 was a retrograde step because you can no longer get a listing which you can convert to see which receivers and estate agents are getting business. And most infuriatingly, you cannot see new property. The foreclosure section of NAMA’s website is the most visited part of the NAMA.ie website, and it seems NAMA remains determined to make it difficult to see what it has to sell.