The local population in Lamia is shocked to learn that a 56-year-old woman has collapsed after being told to vacate her house, which is up for auction. Her heart broke when she learned about the “forced eviction” from the house, while it is worth noting that this first residence, and she allegedly previously had heart […]
The summer is expected to be very difficult, since, in addition to a surge in food and energy prices, citizens are also in for a surge in auctions, in which the number of objects is expected to triple compared to the first quarter of 2022. The Greeks will soon see their fortunes go under the […]
A 70-year-old elderly woman from Kalamata tragically died shortly after she lost her house, which “went under the hammer.” According to her close relatives, the auction made the old woman homeless. Her suffering was such that it eventually led to her death, her son claims. As writes ethnos.gr a woman in recent years faced unbearable […]
The Greek real estate market is ready to welcome many new proposals as companies that manage loans secured by real estate to banks or with the funds that have acquired them are actively resuming online auctions. According to data presented last week at the NPL forum organized by DDC Financial Group, this wave of auctions […]
The Greek authorities announced the opening of an electronic application platform for over-indebted households to avoid an auction for the sale of the first home of low-income families. Yesterday, the platform of the Special Secretariat for Private Debt (Ειδικής Γραμματείας Ιδιωτικού Χρέους) was opened, where vulnerable households wishing to protect their first home can apply […]
The Treasury Department and banks have decided to suspend the first housing auctions for all vulnerable borrowers. The moratorium on auctions is valid from 1 to 30 June. At the same time, citizens must send the latest E1 income statement and E9 real estate declaration to the bank or their credit manager to prove that […]
Greece’s finance ministry is working on a plan to protect the primary residence of households deemed financially vulnerable, ahead of the resumption of auctions in early June. The plan stipulates that the state will subsidize mortgage tranches in accordance with protection principles that will apply once the state-owned property acquisition agency is operational. The goal […]