Bongkar SISI GELAP Property Hasil Lelang (Pro-Kontra Pelelangan)

Summary

In this video, the creator answers questions from followers about the pros and cons of buying auction properties for investment purposes, particularly for converting them into rental properties. The creator explains the process of property auctions, highlighting how they occur when a borrower defaults on a loan. Key points include the possibility of getting a property at a very low price, but also the challenges, such as the potential for long legal disputes and difficulty evicting previous owners. The creator also clarifies that auction purchases require full cash payment, with refinancing options available afterward for further investment. Viewers are encouraged to engage with the creator on Instagram for more property-related questions.

Takeaways

• 😀 Properti lelang (auction properties) are usually the result of a borrower failing to repay their debt to a bank, and the bank resorts to auctioning the property.
• 😀 Buying auction properties can offer significant discounts compared to market prices, but it comes with risks, such as the possibility of the previous owner not vacating the property.
• 😀 When buying auction properties, it's important to understand the legal and logistical challenges that come with eviction, especially if the previous owner is resistant or supported by legal professionals.
• 😀 A key benefit of purchasing before the auction is the chance to negotiate directly with the property owner, potentially securing a very low price.
• 😀 However, if the property is bought at auction, it must be paid for in full with cash—there's no option for a mortgage or loan during the auction process.
• 😀 It is possible to refinance a property purchased through auction later, particularly if it is turned into a profitable venture like a boarding house (kos-kosan).
• 😀 In some cases, buyers of auction properties may face resistance from previous owners, who could delay eviction through legal means, making the process lengthy and frustrating.
• 😀 The Indonesian legal system allows buyers to acquire properties at auctions, but it’s difficult to evict people who remain in the property, even if they lose in court, due to loopholes and legal technicalities.
• 😀 It's crucial for prospective auction buyers to assess their capacity to handle potential complications, such as lengthy eviction processes, especially when the previous owners are aware of their legal rights.
• 😀 If you plan to purchase an auction property, consider securing strong legal support and ensuring that you have the time and resources to manage the potential challenges of evicting the previous owner.

Q & A

What is the primary topic of the video?

The video discusses various aspects of buying property through auctions, including the pros and cons, as well as the process and considerations involved when purchasing auctioned properties.

What is meant by 'lelang' (auction) in the context of property?

In property terms, 'lelang' (auction) refers to a situation where a property is sold due to the owner's inability to repay their debt to the bank. The bank typically resorts to auctioning the property to recover the debt.

What are the benefits of buying property through an auction?

The main benefit of buying property through an auction is that you can often acquire it at a much lower price compared to the market value, as the property is being sold due to the previous owner's financial troubles.

What is the downside of buying auctioned properties?

A significant downside is that the previous owners may not be willing to vacate the property, causing potential legal complications. Additionally, the process can be lengthy and stressful, especially if the buyer doesn’t have connections to help clear out the property.

Can you buy an auctioned property using a mortgage (KPR)?

No, you cannot buy an auctioned property using a mortgage. The auction process requires payment in full (cash), and there is no time for a mortgage arrangement during the auction. However, before the auction, it's possible to take over the existing mortgage or refinance the property after purchase.

What happens if the property owner refuses to vacate the auctioned property?

If the previous owner refuses to vacate the property, it can cause significant legal and logistical challenges. Even if the buyer wins in court, the process can be prolonged, and it may take years to resolve.

What should a buyer do if they want to avoid problems with an auctioned property?

A buyer should ideally negotiate directly with the property owner before the auction to ensure they can vacate the property willingly. However, this is not guaranteed, and legal action may still be necessary.

Can the bank assist in the sale of the auctioned property?

Yes, banks often assist in selling auctioned properties by offering listings and working with third-party agents. The bank prefers to sell the property rather than hold onto it, especially if it is non-performing.

What happens if no one buys a property during the auction?

If no one buys the property during the auction, the bank may continue trying to sell it through other means or even negotiate a direct sale with potential buyers, often at a much lower price.

How can refinancing help after purchasing an auctioned property?

Refinancing allows the buyer to convert the purchased property into a source of income, such as a rental or a guesthouse, and access additional funds by leveraging the property value, helping to recover the initial investment.