lofty
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Post by lofty on Dec 8, 2016 8:28:14 GMT
Is there any information on the state of play for properties approaching (or past) their term end dates? I've looked around the site and it seems a bit vague as to what happens at this date. I find it unlikely that it'll be just sold on the the expected date and at the expected price. How are propertymoose selling them? At auction, normal estate agents? They were bought at below market value, will they be sold in a similar fashion to ensure a sale near the target end of term? I can see a couple are due this month, but I'm guessing that not being an investor in those means I don't see any updates. It would be useful to see how accurate the original projections were vs the actual sums achieved as this would help reassure me that PM are getting things right. In fact, thats probably the biggest concern I have at the moment, I'm a bit reluctant to commit more funds until there's some proven track record of what happens at the end of term.
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pom
Member of DD Central
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Post by pom on Dec 8, 2016 10:58:11 GMT
p2pindependentforum.com/thread/6387/spv1-end-termIt's the only one to have completed so far...so even the little we do know doesn't tell us much when it's a sample size of 1. Even if we did know more, past peformance is no real predictor, so personally I always treat the capital predictions with a largeish pinch of salt.
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