Forced auctions in the upswing: Real estate crisis in Hersfeld-Rotenburg!
Forced auctions in the upswing: Real estate crisis in Hersfeld-Rotenburg!
In the district of Hersfeld-Rotenburg, a worrying trend becomes visible: the number of forced auctions, in particular of division increases, is steadily increasing. The outlook for the coming months is also tense. So reports HNA in 2023 Procedures took place and even 64 procedures were handled in 2024. So far, 12 procedures have already been registered in 2025. The causes of these developments often lie in personal crises, such as inheritance disputes, separations or financial emergencies.
The Guttels farm in Rotenburg is particularly noteworthy, the offer of which is due to forced auctions. The responsible contact for the auctions is the district court of Bad Hersfeld, represented by Dr. Rolf Schwarz. Interested buyers should find out about the condition of the real estate and the processes of the forced auction in advance. Information about the substance of real estate is often only available on request.growing importance of division increases
The division auction is a special form of forced auction, which is often used for divorces or in heir communities. According to Advocado , each co -owner can submit an application to the district court without needing the approval of everyone involved. This offers a legal possibility of the abolition of communities that would otherwise remain in a fixed condition.
The course of a division auction includes several steps, starting with the approval of the application up to the implementation of the bidding lesson. The district court offers a valuable report in order to determine the market value of the property. Even if the surcharge goes to the highest bid, there is a risk that the auction will not bring the expected profit. Thus, financial disadvantages for those involved can occur.
insight into the current market situation
The general framework for the real estate market is currently anything but cheap. According to the ARGETRA specialist publisher, the number of forced auctions in Germany rose to 13,445 in the courts in 2024, compared to 12,332 in the previous year. This is not only a local phenomenon, but is also reflected in an increase in the values of forced real estate, which rose from around 3.9 billion euros to 4.3 billion euros. The reasons for the increase can be found in the weakening economy, increasing unemployment and high construction interest rates, as n-tv
The changes in the market are also evident in this regard that buyers are more and more careful. The location of the property becomes crucial for the sales success. Especially in rural areas, it will be difficult to find buyers because the range of cheap properties is due to forced auctions. In this situation, investors are looking for opportunities to secure themselves and take cost -effective measures.
In summary, it remains to be said that the forced auctions in the district and beyond are a result of complex, economic and social circumstances. Potential buyers are asked to find out comprehensive information in order to avoid unpleasant surprises.| Details | |
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