Swain Mats Vs Zebra Mats

Shoot Crisis Auctions auctioneers but hurts the Public Auction

judicial auctions of goods have increased dramatically because of the crisis economy, which has made almost doubled compared to 2008. This increase also affects both individuals and companies, and especially real estate.
However, it seems that this increased opportunities to seize a bargain has not been reflected in the benefit of the auctioneers, as known to those engaged in this business, especially for the role protagonist who has taken the bench as a buyer.

Anyway, times have changed especially in judicial auctions for auctioneers, a profession that always dragged the reputation of behaving as a closed core in which the goings-on tinkering and replacing a bid clean. Was to change the rules in 2000, reducing the auction of a single act, before a sale could take up to three times the same good-the prohibition of giving the shot to a third party without having to register before and other profound changes.

Since then, both significantly reduced the number of people who come as their profit margin. "Years ago", according to auctioneers had to invest a million to win five, now have to risk a five to win. "

A benefit that has not been grown with the crisis, but rather, especially with the housing of all kinds go on sale. In most cases they are financial institutions that take them out to bid for mortgage defaults. The difference is that now these same entities that are awarded the majority of the bids if they are not really important quantities reach. Prefer to stick to transfer them as they once did, to professionals in the bid.

The explanation is twofold, as the benefits accruing to banks: on the one hand, economic, and secondly, the purely accounting. In the first case, the business is simple: the house is auctioned by a bank for unpaid mortgage , although in most cases the owner had already paid a good amount of it before leaving to meet the bills, the price will be calculated once free of charge, with valuations generally very desirable, so that the bank itself bid to raise the price to the minimum amount you want to win, and if successful has already achieved profitability sought, between the sale and claimed that mortgage, and if no one reaches that price, prefer to stay in the house because it is acquiring a below market value, and therefore can re-sell and manage a new mortgage.

But also, although not able to sell immediately, accounting would have gotten a very important advantage when presenting their accounts: the same product previously included in their balance sheets as debt repurchase may occur after an auction as an asset. Pure magic.
source: elprogreso.galiciae.com