Mirko Frigerio, Executive Vice President of NPLs RE_Solutions spoke about this and more at Credit Village.
According to our study center, the average times of Justice for real estate executions, will increase on average by 270 days, reaching a total 1,808 days, equal to about 5 years on average compared to 4 years and 3 months of the observatory statistics TSEI, according to its latest survey. The average discount between the CTU value and the probable award value is conceivable that it will drop by a further 25% from the current average of 54% to the prospective 68%, hence further reducing the recovery flows.
The day after: real estate market will it survive?
