NEWS

Investing in real estate can be one of the most profitable decisions, but also one of the most complex. One unconventional yet highly attractive route is acquiring properties through auctions and purchasing bank debts. This type of investment may seem intimidating at first due to the regulations and processes involved, but with the right advice, it can turn into a lucrative business opportunity.

At MJ Consulting we specialise in facilitating the purchase of properties at auctions and acquiring bank debts. We support our clients every step of the way, ensuring all their needs are met both during the acquisition and after the deal is closed.

What is purchasing properties at auctions?

Property auctions have become a popular method for acquiring real estate below market value. These properties are often the result of foreclosures, repossessions, or forced sales by financial institutions. The appeal of this method lies in accessing properties at reduced prices, although it requires deep knowledge of the process to avoid unpleasant surprises.

Buying bank debts: What does it involve?

Purchasing bank debts, also known as acquiring credit portfolios, involves buying the outstanding debt of a debtor with a financial institution, thus becoming the new creditor. This allows the buyer to negotiate with the debtor or take possession of the property if the debt remains unpaid. It is a specialised market but one with significant profit potential for those who understand the regulations and financial environment.

How do we support you at MJ Consulting?

Our service is designed to make the acquisition process simple, profitable, and secure. We handle all the important details, from the initial research of properties to managing the buying process and post-purchase services.

Buying phase

In the initial phase, our team conducts thorough research to identify auction properties or bank debts with high potential. We analyse key aspects such as:

• Legal conditions: We verify the legal status of the property, ensuring there are no hidden issues or encumbrances.
• Market value: We conduct a comparative market analysis to determine whether the property represents a good investment.
• Additional costs: We calculate associated costs (fees, taxes, necessary refurbishments, etc.) to avoid any surprises after the purchase.

Post-purchase service

Our commitment does not end with the acquisition. We offer a comprehensive post-purchase service that includes:

• Property management: If needed, we handle the processes required to recover possession of the property.
• Legal and tax advice: We assist clients with all the legal and tax formalities related to their new acquisition.
• Maximising value: We help our clients to get the most from their investment, whether through reselling the property or managing it as a long-term asset.

Benefits of investing with us

1. Risk reduction: Buying a property at auction or acquiring a bank debt can be a risky investment if not done correctly. Thanks to our experience, we minimise associated risks and ensure each step is backed by thorough analysis.
2. Comprehensive support: From the first consultation to post-purchase, we are committed to our clients’ success, managing every aspect of the process so they can focus on reaping the benefits without the administrative hassles.

At MJ Consultiung, our goal is to turn the complexity of property auctions and the purchase of bank debts into a profitable and hassle-free experience. If you are interested in diversifying your investment portfolio through these types of acquisitions, our team is here to help you maximise your returns and minimise the risks.

If you would like more information or have any questions, please don’t hesitate to contact us. We invite you to follow us on our social media. We are here to make your investment a success story!