Let’s take a look at each step of the process begining with, putting forward your offer. This will be like any other property buying stage whereas you negotiate and agree a price with the estate agent. It will probably be at this point you find out it is a repossessed property as the estate agent will inform you that they are dealing with a corporate client (a company that handles the sale of the house on behalf of the mortgage lender who repossessed the property initially).
