Brazilian Website Sells 2,000+ Repossessed Properties at up to 70 Percent Discount

The properties may be purchased through direct sales and also through online auctions, with the involvement of six auctioneers throughout Brazil.

RIO DE JANEIRO, BRAZIL - Until the end of the month, those interested in buying a residencial or commercial property may choose from more than two thousand units, including apartments, villas, farms and commercial properties across the country, up to 70 percent off. The units are sold by auction or direct sale on Resale's website, a real estate outlet repossessed by banks.

Bid amounts range from R$10,000 to R$48 (US$8.5) million. Properties are discharged and have no outstanding debts to be borne by . . .

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