An expert explained whether it is possible to save significantly by buying burnt or flooded housing at auction.
Realtor Konstantin Aprelev confirmed that there is a benefit, but there are several nuances.
On air at the radio station “ Moscow Speaks ,” the expert noted that this option is more suitable for professional investors or people who have a lot of free time.
It will require a lot of studying, looking, comparing and analyzing. It will be difficult for an ordinary person who also has a main job to get any significant benefit from such a deal.
Aprelev noted that it is possible to buy an object and save 10-15% at bankruptcy auctions. But there is no guarantee that this money will not be spent on repairs. In some cases, there is a risk of spending even more.
Therefore, this option is beneficial for people who know many subtleties and have free time.
In other cases, there is a risk of spending too much money and getting into unnecessary trouble.
Author: Dmitry Bobrov
