Buying NPLs - recos & resources?

[Maria Murphy]

Hi,

I am considering buying NPLs in Spain. I have no experience in the field and understand fully it's not a simple endeavor. 

That being said, I was wondering if anyone had experience with it they could share or resources they could recommend?

Thanks,

MM

[Maria Murphy]

Where did you try to buy foreclosures? Have you tried judicial/non-judicial auctions? Subastas?

I don't think they're called differently. They are NPLs, REOs and CDRs (CESIÓN DE REMATE), depending.

If I may ask, which municipality used their priority right?