In an economic scenario where acquiring homeownership seems like a challenge, auctions held by Caixa Econômica Federal emerge as an excellent option for those looking to invest in real estate.
This virtual event, which features more than 2,300 properties available nationwide, brings unique opportunities with attractive prices and the opportunity to use FGTS in some cases.
Besides Campinas, interested parties can find properties starting at R$ 157,000 in neighboring cities such as Hortolândia, Santa Bárbara d’Oeste, Sumaré, and Vinhedo.
These auctions stand out not only for the diversity of offers but also for the attractive discounts that can reach up to 40% of the appraisal value.
What are the dates and how to participate in the auctions?Those interested in taking advantage of these opportunities should pay attention to the deadlines to place their bids.
The auctions are scheduled to take place online in two main blocks during the months of July and August. The offers are detailed on the website, where it is also necessary to register in advance and submit the documentation as specified in the notices.
How do Caixa’s Property Auctions Work?Caixa’s property auctions are held when the institution repossesses properties from delinquent debtors. These properties are then offered to the public through different sale formats such as in-person and online auctions, closed bidding, and direct sale.
Each format has specific procedures, and understanding these steps is crucial for a successful purchase.Understanding the Auction Modalities Offered by Caixa.
There are five main auction modalities promoted by Caixa, and each one is suitable for different types of buyers and investment strategies: First auction: occurs 30 days after the property is repossessed. It is necessary to show up with 10% of the property value in hand.
Second auction: if the property is not sold initially, a second auction is held 15 days after the first one, following similar rules.
Closed bidding: in the absence of sale in the auctions, Caixa can opt for closed bidding, where proposals are submitted in sealed envelopes.
Direct sale: if there are no proposals in the closed bidding, the property can be sold directly to the first interested party, with Caixa covering all outstanding debts and offering the support of a broker.
Online sale: similar to in-person auctions, but entirely online, facilitating the participation of buyers from different locations.By understanding each of these modalities, interested parties can better prepare and choose the option that aligns with their financial goals and investments.
How to prepare for Caixa’s auction? Douglas Fidalgo, an official auctioneer, advises interested parties to adequately prepare before participating in the auctions.
“It is crucial to check all the details of the desired lot, such as market value, state of conservation, and occupancy situation of the property to make an informed choice,” he explains.
Additional Benefits and RecommendationsParticipating in an auction can be a advantageous experience, especially when considering the possibility of financing and using FGTS.
However, it is essential for participants to proceed with due diligence, carefully reviewing the listed conditions for each lot, and preparing for potential setbacks.
Additionally, comparing property prices with market values in the region can ensure that the investment is truly profitable.Review the necessary documents and deadlines described in the notice.
Analyze the conservation status of the properties of interest.Estimate additional transaction costs and property maintenance.
With these recommendations, participating in Caixa’s auctions can become a fruitful experience, allowing the acquisition of a property at a price below market value and with facilitated payment conditions.
Do not miss the chance to make an intelligent investment, check all the available options, and prepare to place your bid!
