Second chance to reclaim their home for those who lost it to banks and servicers
According to the model promoted by K. Pierrakakis, the new real estate agency will purchase the residence before or even after auction and lease it back to the debtor for up to 12 years, with state rent subsidy and a right of repurchase – It will concern at least 20,000 “red” debtors
Weather: “Red alert” for parts of Western Greece, heavy rain and gale-force winds until Thursday
Continuous meetings of the Risk Assessment Committee – High intensity and long duration of the phenomena, Civil Protection on full alert
Tenant creditworthiness registry coming: How leases will be rated before signing the contract
Pilot launch in early 2026 and full operation by mid-year for the new digital tool that changes rentals – What property owners will see and which data will be recorded