Bidding for a bank repossession property
Hello.
I'm looking to buy a property in Los Alcazares. There is a property that is a bank repossession advertised for a good price. I rang to enquire about purchasing the property only to be told it is going to bids next week.
Does anyone have experience of this procedure, and if so is there any advise to be offered with regards to how much to offer over the asking price..?
Thank you in advance.