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|Bid period ended||Disclosed on Jun 14, 2019|
|Court classification||Land||Sale price||765,000yen|
|Bid opening||Sale||Number of bids||1|
|Traffic access on report(japanese)||因ノ島バス「商工会議所前」バス停 南東方 直線距離 約５０ｍ|
|Registered category||Residential land||Actual category||Other land|
|Registered area||35.85m2||Actual area||-|
|Building to land ratio||80%,90%||Floor area ratio||400%|
|Gross yield||-||Base bid price||760,000yen|
|Lease demand||2 / 25pt||Minimum bid price||608,000yen|
|Ratio of years passed
to depreciable years
|0%||Earnest money deposit||160,000yen|
|Year/ month built||-|
|Case number||2018(M)63||Announced||Jun 14, 2019|
|Court||Hiroshima District Court (Fukuyama)||Start of viewing||Jun 14, 2019|
|Sale type||Sealed bid auction (2 times)||Bid period||Jul 2, 2019 ～ Jul 9, 2019|
|Farm land||-||Result||Jul 12, 2019|
|Sale decision||Jul 18, 2019||Special sale||Jul 17, 2019 ～ Jul 26, 2019|
Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.
Thus buying the asset at 760000yen in court auction is the same as buying the asset out of court auction at 710000yen（excluding misc. expenses）.
In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.
For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.
*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.