Credit for purchasing immovable property at auction

This is an opportunity to receive credit for purchasing an apartment or a house sold at immovable property auctions.

This is an opportunity to receive credit for purchasing an apartment or a house sold at immovable property auctions. I. e., there are many immovable properties that have came to auctions due to various reasons. There, as we know, the one offering the highest bid on specific immovable property receives it. In order to participate in auctions, auction participant must have free available financial assets, since banks do not credit such transactions due to various reasons. Of course, not everyone immediately has sufficient free available financial assets, in order to be able to participate in immovable property auction. Therefore, West Kredit offers an opportunity to receive credit exactly for participation in immovable property auction – funds, in order to participate in bidding. This is a unique offer – people are able to receive unavailable financial assets as a credit for purchasing immovable property at auction.

The main conditions of the loan
  • Credit amount: unlimited
  • Credit repayment term: 20 years
Required documents
  • Credit application
  • Immovable property assessment copy (assessment prepared for auction and kept by its organizer – sworn bailiff or insolvency administrator)
  • Auction act (if auction has already taken place)
  • Passports of borrower and spouse
  • If amount exceeds 100 minimum monthly wages, certificate of the State Revenue Service must be submitted
In non-standard cases, list of documents to be submitted may be changed – depending on credit amount to be issued, and AS West Kredit responsible specialist will inform you about it. Before concluding the transaction, please make sure that provisions have not been changed. Find out more by calling a free phone 80000330


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Amount of credit
Credit term
year
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The information is for reference purposes
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Amount of credit
available amount
As a rule not more 70% percent of the cost
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Area
m2
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