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State debtors, who have property, housing, plots, fields, cars, etc., they do not even care at the last moment to repay or settle their debts in several times, will see them
According to the data available up to now, 60% of the auctions are successfully completed, 30% are postponed due to regulation and only 10% are canceled. A total of 8,500 auctions have been made in the last 4 months
The first offer price for real estate is no longer the objective value but the commercial price. This means that many properties will come out at cheap hammer after the collapse of real estate and construction in the crisis years landed real estate prices, especially the old houses of more than 20
By the end of the year, they have 5,648 auctions are planned, although these figures change as new properties are added by the banks. During the four months of electronic auctions, it was found that about half of the red debtors were not paying their loan instead of the 30% initially calculated by the banks.
Banks hammered mainly commercial buildings and apartments.
After the launch of the online platform on February 21, things became clearer, with the borrowers completely missing going to the bank counter of the bank depositing money to their properties.
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