We bought the villa 6 years ago for a total price of $150,000 but we never got title of the property. A few years after that, the developer didn't payback the loan to the bank and the bank took the property.
So what did you get for your $150,000?
If the developer had the land seized by the bank for non-payment then the bank owns the property. If another developer then purchased the land, then they own the land. You're asking $120,000 for something you don't own but can purchase for $68,000?
Am I correct?
No, you are not correct. The bottom line is buyer will get
FULL LEGAL TITLEThis is a amazing opportunity, first time a client is willing to accept full price in BTC for a property, that is why I posted here...
Once the buyer gets title of the property it can be easily re-sold for at least $160K or even more if willing to wait 1 or 2 years.