Sales at auction : How to buy a property?

To take part:

• Before the sale, gather information about the properties up for sale, visit those which interest you, consult the brochure for prices and prepare your finances.
• On the day of the sale, deposit a returnable cheque with a notaire (or lawyer) which will be credited on sale and in exchange for this you will receive authorisation to bid and a badge. You can then during the course of the auction make bids. Movements make the bids.
• If you are the final and highest bidder, you win the bid.
• After the sale, you have 45 days to raise the amount bided along with the fees and transfer costs. In the meantime , during the 10 days following the auction a higher bid could be made on the property.

The handover of the property takes place when the sale has been completed.