Bailiff real estate auctions – how to buy safely?

This is a chance to acquire an apartment for up to 2/3 of the market price, but with a strong thrill. Auctions are bargain hunts full of legal traps – from unwanted, hard-to-evict tenants to unclear technical conditions (no possibility to view the premises from the inside). Shrewd investors often catch such gems earlier. Instead of waiting for the bailiff's hammer, they negotiate the indebted property directly with the desperate owner on the verge of bankruptcy.