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How to follow the Caixa auction? Is it possible to follow Caixa's real estate auction live? How do I bid on an event like this? Who are the people who can participate in these auctions? How much does a Minha Casa Minha Vida property cost that has not been paid for and is being auctioned?
Many people have doubts about the auctions that Caixa Econômica Federal holds. We are talking about the largest Brazilian banking institution in terms of property financing, mainly those linked to Federal Government social programs, such as the now extinct Minha Casa Minha Vida, now known as the Casa Verde e Amarela Program.
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However, as we well know, what we do does not always go as planned: many people are unable to finish paying the financing your homes, land or apartments, and, therefore, end up needing to hand over the property to pay off their debts. Caixa, in turn, auctions the asset as a way of being compensated for the default.
In today's content, we will teach you about how to follow Caixa auction. This way, if you are interested in buying a property of this type, you can place your bids and win it. Therefore, if you want to know more about the subject, we recommend that you follow us to the end of the article for more details. Come on, read with us!
What is the auction carried out by CEF?
But after all, what is this event that Caixa Econômica Federal holds all about? Before knowing how to follow auction from Caixa, you need to understand specifically what we are talking about. Caixa's auction is the largest in relation to real estate in all of Brazil, being one of the largest in the world.
As Caixa Econômica Federal is the banking institution representing social programs linked to property financing with better rates, many transactions of this type are carried out daily, monthly and annually. Thus, the company carries out thousands of financing transactions every year.
However, every year many people fail to pay their loans, as mentioned above. Thus, as a way of repaying the debt owed by the person, that is, the default, the bank puts these properties at one (several) auction, where they can be sold for a more affordable price.
Often, Caixa has already received more than half of the financing, and the auction ends up being a good opportunity to make even more profit: let's suppose that a property worth 200 thousand ends up costing 300 thousand in interest (we know it's a lot more, but it's a example), and more than half has already been paid (250 thousand). The bank can still auction it for 150 thousand and make a lot of money on top.
How to follow the Caixa auction?
But after all, how can you follow the Caixa auction? We then reach the final topic of our article, where we will specify in detail and once and for all how to follow the Caixa auction. As you will see, it is very simple to follow, place your bids and even sell a property, be it land, house or apartment.
Read the guide below:
- First, open your smartphone or PC browser;
- Then, type “Leilão da Caixa” in the search field, and click on search to start the search;
- Now, click on the first result that appears on your search engine page;
- If you want to skip this entire part mentioned above, simply click on this link: https://www.caixa.gov.br/voce/habitacao/imoveis-venda/Paginas/default.aspx;
- Now that you have arrived at the “Online CAIXA Real Estate Sale” page, check all the information contained therein to stay on top of the details of an auction organized by Caixa Econômica Federal;
- The next step, therefore, is to scroll down the screen a little, in the sector named “Calendar real estate auctions”;
- In this section, you will not only find the date on which the auction will take place, but also the site where it will be held and the public notice number, so that you can find the videoconference link on the indicated site;
- Now, just go to the website, search for the public notice, copy the videoconference link and enter the day and time that will take place, based on the information in the public notice;
- Place your bids and finish off your property.
This was our guide on how to follow the Caixa auction. We hope to have helped you with your questions. If you still have any, comment below and we will respond. To the next!