CASH IN ON THE CRASH.

التفاصيل البيبلوغرافية
العنوان: CASH IN ON THE CRASH. (cover story)
المؤلفون: Muller, Joan
المصدر: Finweek. 8/6/2009, p20-24. 5p.
مصطلحات موضوعية: Real property, Real estate business, Real estate development, Auctions, Banking industry, Housing market, Marketing
مصطلحات جغرافية: South Africa
People: Levitt, Rael
مستخلص: The article focuses on the property bargains in the housing market of South Africa (SA). Alliance Group chief executive (CE) and founder Rael Levitt observes that professional speculators began to come out on the auction scene. It notes that several properties in auction indicate how homeowners became financially overstretched. It points out that banks persuade defaulting clients to place their homes on auction before they have to be lengthy and costly legal foreclosure route. INSET: Estate agents enter the fray.
قاعدة البيانات: Finance Source