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TRUSTDEAL.GR is an innovative platform with specific purpose to promote real estate property in Greece in order to help and benefit indebted households. TRUSTDEAL.GR creates a worldwide community of people against exploitation, corruption and international speculation.
How TRUSTDEAL.GR can prevent the catastrophic results of economic crisis in Greece ?
According to official figures, nowadays 1.500.000 Greeks are unemployed, an increasing proportion of the population is plunged into underemployment or uninsured work and 25% of Greek population is now below the poverty line. As a result the majority of Greeks cannot afford any financial obligation. 300.000 Greek households are about to lose their houses, the fortune of a lifetime for the sake of maximizing the profits of multinationals and bankers.
The Greek real estate market continues to be characterized by excessive supply, coupled with a considerable stock of unsold properties, due to the economic crisis; however, the crisis is in the bottom of the cycle. The decline in private construction activity and real estate investment during the current crisis has been almost commensurate to the fall in property sales, which can be seen as a reason why the excess stock of property accumulated by the end of 2008 has remained broadly unchanged. Greek residential property prices have fallen by 42,70% (-50,20% in real terms) from the peak year of 2008.
The market value of real estate has reached extremely high levels until the past 10 years and the deep economic crisis. Nowadays Greek property prices have fallen by -50% and the indebted owners are willing to sell their houses at even lower prices to prevent bankruptcy.
Why should I do benefaction?
This platform helps and protects indebted house owners who want to sell their property in the near future in order to save it from auctions. It is widely known that if a real estate reaches the stage of auction it is inevitably led to a fire sale. Banks ‘give away’ properties at low prices, opportunists seize the chance to buy whole fortunes at ridiculously low cost and then they sell them back at their market value to not well-informed investors. First of all, TRUSTDEAL.GR is a unique opportunity for house owners to proceed to direct selling of their property at reasonable price. Secondly, with this specific platform potential investors are in contact with the owners and reach profitable agreement.Simultaneously, TRUSTDEAL.GR gives to every person who wishes to buy real estate in Greece the chance to save a distressed family from total economic disaster.
Our purpose is to provide legal advice and know-how to all these people who need a responsible and effective proposal to face this unprecedented crisis. Help us give the hope back to all these desperate people, to make them winners and achievers again and save them from the uncontrolled activity of the bankers and the opportunists.
Why TRUSTDEAL.GR makes a difference?
New housing loans continue to fall; many house-owners cannot repay and seek for an immediate solution to save them from debts and non-performing loans. In the country there is no secondary real estate market. With TRUSTDEAL.GR each owner and each buyer can negotiate the price of the property for sale on their own, while the mandatory valuation report ensures the legitimacy and transparency of the process.
In cooperation with RECS-Real Estate Chartered Surveyors, a firm of International Property Consultants and Valuers, TRUSTDEAL.GR can cover the needs of current owners and buyers. Our experience has made prominent the importance of the existence of an innovative yet transparent and reliable way to promote and manage the sale of real estate in Greece.
How It Works
Initially, owner uploads information about his property, and the price that he is willing to sell it. Then, each description is accompanied by a valuation report prepared by certified appraiser of our team as well as other companies. In this way the potential buyers can see the market value and the requested value of each property simultaneously and ascertain the fact that it is for sale at really low price. Following this procedure owners and buyers have access 24hours a day in the platform and we can guarantee the truly low price of the property for sale. With this new innovative platform an essential and functional management of real estate for sale will be accomplished.
What We Need
Our target goal for the next two or more years of coverage is $5.000 in order to make TRUSTDEAL.GR widely known worldwide and help people manage and develop their property! Support TRUSTDEAL.GR to create win-win agreements in the property market and offer a safe solution to Greek distressed households.