With the arrival of the program My House My Life, the Brazilian real estate sector if set on fire. Financial institutions had flooded the market with home loans and had fomented the biggest movement of acquisition of property of the history of this country. Therefore, the prices of the property had gone off in last the 3 or 4 years, reaching rentabilidades the superior taxes the 100%, However, this same high of prices were not seen folloied in the auctions of property. In fact, in this secondary market of real estate acquisition, the prices of the property had suffered high well more modest, in the house of 15%, consolidating a highly attractive situation of discount for small investors, who buy at auction property for so low prices, that still they obtain to resell them, with good edge of profit, for competitive prices. In the real estate financings, the financed property is given as a pledge of the financing. Therefore, to if becoming defaulter in the financing, the debtor loses the property of its property stops the creditor of the financing, as foresees article 26 of Law 9,514/97, that he says the following one: ' ' Been successful and not paid, in all or part, the debt and consisting in deferred payment the fiduciary agent, will be consolidated, in the terms of this article, the property of the property on behalf of fiducirio' '.
Having the property of the property assured for the cited article above, the deserving institution of the financing is authorized to promote the alienation of the property, through auction or public bid, following the lines of direction disciplined for the Decree 70/66.Em the majority of the cases, these property still is busy for the debtors of the financing or lodgers of them, what it demands of 1.bidder some procedures judicial for inoccupation of the property or ousting of the inhabitant. Therefore, the property are auctionzed by up to 40% below of the market price, offering to the investors a discount that has all covered the expense with the Register of the Property, Writing and ITBI in the transference of property of the property, as well as expenditures pertaining to legal profession. Without a doubt, the auctions of property constitute an excellent alternative of investments. In times where the So Paulo Stock Exchange does not go so well, neither the public headings, the property of auctions can be the key to keep its money growing. To know more on the auctions of property, it visits the Blog Immovable of the Box.