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Foreclosure auction: Your chance to get dream properties from 50% of the value!
Discover the current foreclosure auctions in Mülheim an der Ruhr: Important information about real estate and procedural details.
Foreclosure auction: Your chance to get dream properties from 50% of the value!
In Cologne, a recently published property from 1917 is causing a stir: it is being offered as part of a foreclosure auction. As a future buyer, you should be happy because the purchase price shown corresponds to the market value, which was determined by a report from an officially appointed expert. This is particularly attractive because the surcharge could potentially be as low as 50% of the market value, and even lower for second appointments Living happiness reported. The auction takes place at the responsible district court and thus offers a fair chance for those interested.
This is a welcome opportunity, especially for bargain hunters: there are no broker or notary costs, which could be up to 8.5% in Germany. If you browse the Internet, you will also find over 80,000 properties nationwide in the monthly auction calendar, with access to the offers starting at just 108 euros for three months.
Preparation for the auction
An important tip for potential bidders is to contact the creditor early. This makes it possible to purchase the property in advance, which could avoid many disappointments in the bidding process. You can be reached by telephone for further information or support from Monday to Friday between 9 a.m. and 8 p.m. and Saturdays from 10 a.m. to 4 p.m. on 02102-711711.
The over 30 years of experience as an information service for foreclosure auctions is also clear in this matter: All relevant information on dates and properties, be it houses, apartments or land, is available. However, you should note that the published data and exposés have not been checked for accuracy and liability is excluded.
Energy certificate not required
Another point that needs to be taken into account: The energy certificate is currently not available and is not required during the purchase. This can be a decisive advantage for many interested parties, as less bureaucracy makes the purchase easier.
However, as with any real estate transaction, caution is advised here too. Interested parties should inform themselves carefully and possibly obtain additional information before the auction. But if you have a good hand and are well prepared for the auction, you could end up being rewarded with a great item.