How to buy properties of strapped debtor?

9.00 hours in the morning before the building of the Sofia District Court of „Tzar Boris III“ tsari usual hoopla. But waiting in front of six are not welcome to participate as parties in a case for something in particular – will begin the public sale of the home mortgage you have chosen. It’s one-bedroom brick house in the capital of the street „Kozyak in str“ Goce Delchev „. Representative of the Depositary appears three envelopes in his hand. These are the proposals of the three candidates and bidding can begin. In tendering Hall candidates enter the three buyers who keep their companions for courage, a representative of the creditor bank and the private bailiff.
Without losing unnecessary time, Judge-contractor moves to open the tenders. The initial price of the auction which begins in such property is generally 75 percent of their market value if no candidates are organizing the second auction, the price at which the first is reduced by a further 20 percent. If still no meraklii can organize and third auction in which price can be reduced more. The home of Street Kozyak „however, is still the second auction. Despite the 25 percent discount from the first there were not themselves candidates. „Then the initial price was 102 000 leva, which is not small,“ commented candidate buyers.
In the second sale, they still decided to try, but are prepared and serious amounts. The proposal is the first candidate to BGN 86 500 other participants, however, are willing to pay more. The second candidate has earmarked 90 500 leva proposal on the third party – a young lady, I is 102 and 100 since no one offered a higher price in the oral bidding, she becomes the owner of the dwelling. It much safer to buy a home so instead of through a real estate agency. „This way I can see good and bad sides of the property,“ argues is Eva.
It is noticed that real estate agencies are not objective and just point out to buyers from the housing. She is glad that he saw directly to the previous owner. Sure, he may appeal the decision of the bank to sell home at auction, but Eva is not afraid of it. „The owner warned me that it would appeal, but decided to risk it. Even if you win and I return the money, this would be a great loss. So home just was not for me, „said Eva.
Bailiffs but ensure that only the risk of relapse of the property there. Has not been a former owner to chulo won a similar case and the risks to him are great – if the losses throughout nevarnatiya interest on the loan will continue to accumulate. Most often the new owner may enter into possession until 2-3 months after the auction.
If a person decides to acquire housing strapped debtor may be familiar with both the notices in the respective district courts, and the site of the Chamber of Private Enforcement (http://www.sales.bcpea.org). The page already has over 320 offers for properties in Bulgaria. There is indicated for the initial price details, address and area of the property. The site are indicated and the start and end date of one month for submission of tenders. They themselves are published notices of bailiffs where people can obtain information on enforcement action against the debtor. Those wishing to participate in the auction for such property, however should not let a few basic steps.
„Anyone who decides to buy a home mortgage, you should check the ownership of the Registry Agency, advises George Dichev, chairman of the House of private bailiffs. Generally what bailiffs, but when it comes to a serious amount of caution that the buyer is not redundant. If he is identified similar property, you can go and view. In such notices there is no information on the type of construction and condition of the dwelling can not be described – it can only be seen. Typically, the notice referred to in days and hours in which the debtor must provide access to property.
In principle, the auction may participate everyone should you submit the account of Judge contractor 10% of the initial price of the property. If the candidate does not win, this amount will be refunded. Zadatak paid receipt for the tender offer and transmitted to the clerk in the District Court. Will have very specific requirements for the proposal. It must be mentioned the three names of candidates for the buyer, telephone and the tender proposal in figures and words.
After the auction ends, the winner has a period of 7 days to submit the full amount. However, he became a full owner of the dwelling only when the laws expire appeal procedures. Previously available „provision for the award, which replaces the notary deed. If the winner relinquish the property he lost zadatak paid. In such event, the artist invited to the next best proposal, provided, of course, it is not withdrawn deposited 10 percent.
CLEARANCE
Ads on the site of the Chamber of Private Enforcement no longer limited to housing and land. Bourgas district court in such notice is published for 3 hotels. In the resort Sveti Vlas „Hotel of 759 sq. m is offered with an initial cost 256 000 leva Another approximately the same area was evaluated Chernomorets 562 500 leva for the third hotel in Sozopol and is up area of 972 sq. m. Its starting price is EUR 668 400 There are very attractive offers for housing. Two-bedroom apartment in the capital district „Hipodruma is rated for 60 000 euro-bedroom house built in the rough Lozenetz I have starting price of 64 800 euro in Plovdiv district Trakia two-bedroom apartment sells for 59 925 leva

Sega