Hemos notado que tu idioma es Español.
Cambiar a EspañolThe acquisition of real estate properties has evolved over the years, and one of the forms that has gained relevance in Spain is the assignment of the auction. This, especially when it comes to properties belonging to banking entities. But, what exactly does it mean and how does it relate to the purchase of real estate from banks?
Foreclosure auctions can be a good opportunity to acquire a property at a lower price. However, it is important to know the encumbrances that exist in them to avoid problems. The encumbrances in an auction are divided into encumbrances prior to the executed debt, encumbrances subsequent to the executed debt, and preferred debts. Misreading the property's registry certificate or being unaware of these encumbrances will almost certainly result in a failed investment in the auction.
Buying a house through an auction in Spain can be an exciting and profitable way to acquire a property. However, before embarking on this process, it's important to understand the necessary steps and potential risks involved in purchasing a house through an auction.
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