property sold at auction; now what?
Sep 17th 2021, 12:43 pm
#1
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Joined: Jun 2012
Posts: 3,032
property sold at auction; now what?
Just curiosity here, this is of no direct consequence to me.
After losing a court case (fraud), a nearby property was seized by the court, and sold at auction to recover debt.
The process took several years, but the action took place yesterday and the sale price was 1 euro above the minimum.
Meanwhile, the (previous) owner is still living there with wife and animals, renting out rooms, and is still listed on airbnb.
I can reserve rooms through the website into next year.
No sign of moving; all is as before.
So I wonder, is there some grace period, or time to complete formalities?
I don't talk to this person myself.
After losing a court case (fraud), a nearby property was seized by the court, and sold at auction to recover debt.
The process took several years, but the action took place yesterday and the sale price was 1 euro above the minimum.
Meanwhile, the (previous) owner is still living there with wife and animals, renting out rooms, and is still listed on airbnb.
I can reserve rooms through the website into next year.
No sign of moving; all is as before.
So I wonder, is there some grace period, or time to complete formalities?
I don't talk to this person myself.
Aug 1st 2022, 11:13 am
#5
BE Forum Addict
Thread Starter
Joined: Jun 2012
Posts: 3,032
Re: property sold at auction; now what?
Update on this;
The ex-owner remained in residence and kept renting out rooms on airbnb until a couple of weeks ago.
Then he died, age 56. Diabetic shock I heard.
I was told he was "stressed about losing his home", so I guess it was as welinever suggested, and he was bouncing it through the courts (known to be his modus operandi).
He had prepared another plot he owned to park a camper on. Cleaned it up, fenced it, and connected municipal water.
I met a mason reworking the meter box at the camp plot; he told me the Camara inspector didn't like the first build because there was too much brick on the supply side. It might be possible to hide a pipe in there and steal water.
Normally he would have let it pass, but due to the reputation of the owner he wanted it changed.
Aibnb clients had to sleep in their car because the gate to the main property was chained.
Now the listing is gone from airbnb and I heard the new owner has taken possession. Chain has been removed.
Old owner's horse is still there. Looks better than before.
The ex-owner remained in residence and kept renting out rooms on airbnb until a couple of weeks ago.
Then he died, age 56. Diabetic shock I heard.
I was told he was "stressed about losing his home", so I guess it was as welinever suggested, and he was bouncing it through the courts (known to be his modus operandi).
He had prepared another plot he owned to park a camper on. Cleaned it up, fenced it, and connected municipal water.
I met a mason reworking the meter box at the camp plot; he told me the Camara inspector didn't like the first build because there was too much brick on the supply side. It might be possible to hide a pipe in there and steal water.
Normally he would have let it pass, but due to the reputation of the owner he wanted it changed.
Aibnb clients had to sleep in their car because the gate to the main property was chained.
Now the listing is gone from airbnb and I heard the new owner has taken possession. Chain has been removed.
Old owner's horse is still there. Looks better than before.
