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Bank Repossessions in Spain: A Legal Perspective
our Spanish property was valued by the bank at 300,001 euros the property was on sale for 240,000 euros.
Since buying the property in September 2007 the value has plummeted to 190,000 euros.
Do i have a case for negligence against the bank. I believe i have been subject to very unprofessional behavior from the bank. I believe my property was deliberately overvalued so a 110% mortgage could be sold.
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