Look how to buy auction house and achieve the dream of own home and still get a discount of up to 80%.
It is certainly the dream of most Brazilian citizens. conquer your own home and not pay rent.
However, with each passing year the value of properties It's getting bigger and bigger, and the trend is just getting bigger.
So, for most workers who earn an average of the minimum wage, it is very difficult to achieve this dream.
But have you heard about house auction? I knew that as the car auctions you may buy house at a discount of up to 80%.
Find out more about it and see how to buy auction house.
Why houses are auctioned
before looking for a auction for you buy a house, let's understand what takes a house go to auction.
The reason is not very different from vehicles, and the main one is the lack of payment, which makes the bank take the property.
So, to recover part of the value and not be at the loss, the financial institutions auction the real estate.
But there are also some cases where the property goes to auction by court decision, or simply because companies or individuals want to sell.
And this is a great opportunity for anyone who wants make an investment, or else buy the property itself.
However, you need to be careful if the immobile does not have debts such as IPTU or condominium, if there is no one residing.
In addition to paying a percentage of 5% to the auctioneer and the value of documentation and transfer of ownership.
How to participate in the property auction
Know that you have how to buy auction house, for this you will need to fill out a registration in the auctioneer website.
However, before registering, it is interesting to research its reputation, and if the site is correct, as it will inform your personal data.
After finding a trusted auctioneer, complete the registration on the site to be entitled to bid on the day of the trading session.
Remembering that only people over 18 can participate, and that you need to agree to the terms and conditions of the auctioneer.
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And it's normal for most auctions happen online, but if you search it is still possible to find some in-person.
The majority of auctioned properties have 50% off of the appraisal value, but it is possible to find some with more discounts.
Not just houses that are auctioned, but you will also find apartments, offices, land, sheds and farms.
Pay attention to the reason property to be up for auction, because in some cases, such as judicial problems, the rest of the process can be more bureaucratic.
Despite the majority of auction payments be made in advance, in some cases there is an option to pay in installments and even finance again.
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But that will depend on who is auctioning, the condition of the property and also the financial institution that will provide the financing.
Finally, it is worth researching how buy auction house, and analyze the auctioneers and properties that are for sale to buy.
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If you liked the information mentioned above, share it with family members who dream of buying a house.
And you can find one property auction near you through the website Property Auction.
