The Low-Risk High-Reward Investment Opportunity
Investing in Judicial properties provides a unique opportunity below-market-price to buy with a significant margin of safety. Even without visiting the property and the lack of mortgage financing available, the potential of buying at higher discounts makes the wait worthwhile.
Our Team Handle the Paperwork for You
Our legal and judicial support team will guide you through the closing process for a successful property ownership experience. Let our experts handle the paperwork and deadlines so you don't have to worry about them.
Offer
Make an offer
2-3 days
Offer Review and Deposit
1-2 weeks
Anti-Money Laundering Checks
1 week
Agreement of Sale Contract
2-5 months
Ownership Transfer at a Local Court
Keys
Our team of advisors is available to assist you with any questions that may arise before or during the offer process. Once the offer is made, we will keep you informed of any changes to the status of your offer.
You will receive instructions to pay the reservation deposit and we will manage your offer until its approval is confirmed
Our team of advisors will guide you through everything necessary to submit the correct documentation within the established deadlines.
Once the reservation contract is signed, our team of advisors and lawyers will follow up on the process and notify the day of the transfer of ownership that will take place in court.
Our team of solicitors will ensure the smoothness of the procedure and detect possible defects to avoid problems later in the property registry.
Our team of specialized advisors will guide you on where and how you can carry out the procedure.
At Auctree, we take the privacy and security of the data very seriously. That's why the information about our properties is blocked for users who have not registered yet. But don't worry! Registering is easy, fast, and free, and it gives you access to all the information about our properties.
During the waiting period prior to the transfer of property ownership, many of our clients choose to negotiate a personal loan with their financial institution. Once the ownership transfer is completed, they convert the initial loan into a conventional mortgage.
The system is very simple. Just take a look at the guide price and make an offer below, equal or higher. Once the offer is made, it will go into the "under review" status, where your offer will be reviewed internally and externally. From that moment on, you will receive notifications about the status of your offer. You can see more details on how it works here.
If you are finally the winner of this property, we will ask you to send a holding fee (10% + VAT of the sale price) during the 24 hours following the closing of the auction. In addition, you will be required having to complete various KYC forms for the prevention of money laundering and financing of terrorism, which usually take about two weeks. Then, 1-2 weeks before the property is transferred into your name, the remaining funds will need to be sent to the bank account of the fund manager (Servihabitat, Altamira, Aliseda, etc), and not to the Auctree account. These managers are regulated and are obligated subjects under Law 10/2010.
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