Real estate auction: houses, land and half a lake auctioned!

Real estate auction: houses, land and half a lake auctioned!

Dahme-Spreewald, Deutschland - On June 27th, an exciting real estate auction of Deutsche Gesellschaftslungs AG took place in Berlin, which was a real land of milk and honey for many bidders. A total of 62 properties were auctioned in nine federal states, and the rush was large. The hall in the Grandhotel Esplanade was filled to the last seat. Among the bidders were not only young couples looking for their first home, but also many hunting tenants and company representatives who wanted to do good business, like maz-online.de reported.

A corner plot in Falkensee was particularly popular, which was auctioned despite a dilapidated bungalow for a proud 402,000 euros. Here the minimum price was still 170,000 euros, so the bidder made a real bargain. There were also two weekend properties in Rangsdorf. One of them, a 967 square meter property on the Teutonenring with Bungalow, went over the counter for 162,000 euros. However, the second property on the Jasminweg did not find a new owner because there is a tenant.

auction results

Another highlight of the auction was the sale of half a lake in Zeesesen, which changed hands for 26,000 euros. This extends over an area of ​​61,000 square meters. In Duben, a forest owner was able to purchase 1.7 hectares of forest for only 10,000 euros, the minimum bid of which started with 3,500 euros. A couple from Mittenwalde also secured a 2,500 square meter property that was previously an LPG petrol station, but the price was not published.

Unfortunately, an object in the Ludwigsfelde industrial park was long in coming: it was briefly taken out of the auction because the owner withdrew the sale. The ones who have not been sold can now be bought for the minimum bid two weeks after the auction, so that there are still a few chances.

auction process and legal details

But how does such a real estate auction actually work? According to the contract, the purchase contract between buyer and the seller is binding. It is important that the auction house reviews the identity of the buyers in accordance with the money laundering law. To do this, bidders have to legitimize themselves and demonstrate their creditworthiness in order to be able to participate in the auction. The purchase price, the additional costs and the premium are significant points when it comes to real estate acquisition, as Deutsche Grundstücksauktions AG explains in its explanations dga-ag.de .

The purchase price is usually paid within four weeks. The amount is transferred to a notary other account, from where it is forwarded to the seller. As a buyer, all running costs of the property will be taken over from the first day of the next month. The handover and the handover of the keys are also personally carried out by the seller, which is an important step in the entire process.

The auction has shown that the real estate market is still active in motion, and if you have a good hand, you can still do fabulous business. Whether for personal use or as an investment, the possibilities are diverse and exciting!