When the economic crisis takes out the house it’s the case of the Province of Brescia, where the rods are bursting with apartments seized. The data comes from Adusbef and the Court of Brescia and talks about suffering in mortgage payments (up 3.14% in December 2011 compared to 2.43% in December 2010 at the national level).
Enforcement procedures of forced expropriation of houses and other properties are in Brescia 1205 (data as of September 30, 2011): four seizures per day done in all the improved house that are decorated or not.
Many of the properties currently are offered for auction by the Court of Brescia to allow banks to recover lent money: the Court of Brescia currently has for sale 1,297 (apartments, villas, warehouses and garages).
Brescia is usually one of the richest areas in the whole of Italy –it is a sign that the recession is coming to its highest in our country. The crisis particularly affects families and small businesses who cannot qualify for loans because, as we saw yesterday, banks prefer to grant loans to large enterprises.
To get to the foreclosure of the house, however, we must not be paying or paying late seven installments. In the event that triggered the request for immediate repayment and the procedure for foreclosure of the property.