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Foreclosure Properties:

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Japan Inc.
Frugal Japan

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The Auction Process

We make the auction process easy and straightforward for you.
  • The courts process distressed properties and list all properties available for public tender.
  • The court establishes the value (usually very underrated).
  • A deposit is necessary to place a bid.
  • Bids are accepted until a specified time.
  • About one week after the bidding period finishes, the bids are opened in public and all bids are posted.
  • The highest bidder wins the right to purchase the property.
  • Unsuccessful bidders have their deposits returned in full.
  • The balance is usually due within one month for the winning bidder.