Benefits for Buyers
Buying real estate property is one of the most important financial commitments you can make. Distressed properties may offer great opportunities to purchase them at or even below the market value, but at the same time may introduce complications due to possibly attached liens or other claims on title, shorter closing period, possible unavailability for showings and/or inspections, etc.
That is why it is very important to do your thorough research, identify your specific needs, expectations and financial capabilities, seek professional advice, and understand the auction process and current market buying options to fully benefit from the purchase of the distressed real estate property.
Buyers may appreciate the following benefits of the Domus Optima Distressed Real Estate Auction:
- Opportunity to buy real estate properties below market value.
- Opportunity to acquire unique properties that may not be available through traditional real estate channels.
- The seller is committed to sell.
- Simplifies the process of real estate purchase and removes the necessity for the buyer to participate in lengthy negotiations – all terms and conditions are determined prior to the Distressed auction.
- New level of sale process certainty – purchasing and closing dates are known prior to auction.
- Perspective buyers are competing fairly on the same Distressed Real Estate Auction terms and conditions.
- Social distancing friendly.