Anyone wishing to obtain a residential property by auction but who does not have immediate liquidity can obtain financing up to 100% of the price at which the property is sold, provided that this price does not exceed 80% of the value established by the appraisals performed during the inquiry request.
The possibility of being able to stipulate a loan contract for the purchase of an asset at auction is an opportunity for those who want to buy real estate at a price that is also significantly lower than the market price.
In order to achieve greater participation in what constitutes a real alternative to the ordinary market, in fact enjoying the purchaser of protection equal to those of the traditional market, a "Convention for the Italian Banking Association and the Tribunals" has been defined. the provision of loans to contractors ", by virtue of which it is possible to take account of credit institutions. The" contracted "loan facilitates participation in the judicial auctions of all those who do not immediately have the necessary liquidity
Contacts
Any further information relating to the Auction Mortgage, together with the details of the economic conditions, it is possible to:
Download the list of the tribunals adhering to the conventions promoted by the ABI
Download the mortgage guide