There are numerous options on the market for purchasing your own property. For example: real estate auction and Direct Sales of Itaú Properties. Anyone who believes that both are the same thing is mistaken. See all the details about the modality and how to participate.
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The auction fees are eventually paid by the candidate, in some cases. However, in the direct sale of properties in some banking institutions, the intermediary fee is the responsibility of the bank.
What is Direct Sales of Itaú Properties?
It is similar to an auction, however, although the lots are available to the public, whoever bids equal to or exceeds the amount requested by Banco Itaú wins. In this way, it is like an auction with a single candidate.
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Furthermore, it is a widely adopted modality, since at auction prices only increase, not decrease. In direct selling, the price may increase, but it will be fixed and not constant.
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Lots sold in this modality are less common, as there is less demand. Therefore, it is difficult to find properties available, however, let's see the available list and how to purchase.
Which is more advantageous?
It depends. At auctions, prices can be more advantageous if there is not enough competition. Furthermore, direct sale of Itaú properties is an opportunity for those who already know what they want.
Since in the auction although the price starts at X, it can rise and go up to 10x or more. In other words, depending on the candidate's desire, one will be less advantageous than the other.
read more: How to participate in the Bradesco property auction?
How does Direct Sales of Itaú Properties work?
Direct selling works as a means of more instantaneous transaction between the candidate and the bank. Therefore, it is more recurrent in direct transactions (as the name suggests). It works as an excellent means of business and just like a common sale.
Since there is a price
Important: Banco Itaú does not charge additional fees to guarantee possession of the property to the candidate.
How to purchase an Itaú property?
There are some property auction options displayed on the Bank's official website. Since they are from different Auction Houses, and some, they are sold directly. That is, it is necessary to contact the auctioneer.
There are periods of the year when Itaú makes numerous properties available for direct sale of Itaú properties. However, it is necessary to follow the news in order to find out about the dates.
Furthermore, it works just like the auction method. However, payment is made directly to the bank and in some cases via real estate agent.
- Enter the official Itaú website;
- View available auctions;
- Get in touch via the official website and view the properties;
- Filter by 'Direct Selling' and place your bid.
Payment is made directly to the bank or real estate agency. However, each case differs, as banks most often use intermediaries to carry out transactions.
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