Can an apartment be put up for auction in bankruptcy if it was partly bought with the bank's money?


Answer from: marina danilova:
I am a mother of two beautiful girls born in 2010 and 2019...


Buying an apartment at an open auction. There is a nuance here - an apartment can get to an open auction only by court order. And the initial liquidation value is also defined by the court, based on the opinion of the appraisal commission and the creditor bank. As a rule, the price of such apartments can be lower than the market value by 25-30% on average.

Answer from: Julian Avramov:
Lifehacker, writer, poet...


Buying an apartment at an open auction. Here is a nuance - in an open auction the apartment can get only by court order. And the initial liquidation value is also defined by court, based on the opinion of the appraisal commission and the creditor-bank. As a rule, the price of such apartments can be lower than the market value by 25-30% on average.

Ask the questions that interest you, even if they seem silly, childish, strange, funny, embarrassing, uncomfortable, or abstruse.

ASKRUS.Guru 2019-2021©