Skip to content
Blog

Understanding foreclosure auctions — step by step

From finding a property to financing, the security deposit, and the final award: our guide walks you through every step of a German foreclosure auction — covering the key rules, costs, and risks.

Article 1 in the series
GuideProcess

Compulsory auctions for beginners: the full process in 8 steps

·5 min read

The guide to your first compulsory auction: in 8 steps from finding a property to financing, the security deposit and the award.

Article 2 in the series
GuideRisksLegal

Reviewing a property before a compulsory auction: appraisal, land register and hidden risks

·6 min read

You buy with no warranty and often without an interior inspection. What to check in the appraisal, the land register and the occupancy before you bid.

Article 3 in the series
GuideCostsRisks

Financing a compulsory auction: how the bank sets your bid limit

·7 min read

Your bank sets your bid limit. Security is due on request of a party to the proceedings. Prepare financing and security before the hearing.

Article 4 in the series
GuideCosts

Security deposit at a compulsory auction: 10%, deadlines and how to lodge it

·3 min read

A party to the proceedings usually demands 10% of the market value as security. No cash: a timely bank transfer, bank cheque or bank guarantee is accepted.

Article 5 in the series
GuideLegal

Bidding by power of attorney – why it must be notarised

·2 min read

If you bid for someone else, even your spouse, you need a publicly certified bidding authorisation. Without it at the hearing, your bid is rejected.

Article 6 in the series
GuideProcess

The auction hearing step by step: bidding time, lowest bid, award

·3 min read

How an auction hearing runs: the call, the lowest admissible bid, at least 30 minutes of bidding time, bidding with ID. The award makes you owner at once.

Article 7 in the series
GuideProcess

The five-tenths and seven-tenths thresholds explained simply

·3 min read

The 5/10 and 7/10 thresholds lapse at a new hearing only after refusal of the award on a value-threshold ground. A second hearing alone is not enough.

Article 8 in the series
GuideCostsRisks

After the award: payment, interest, taxes and the risks you take on

·4 min read

With the award you become owner. Plan payment, interest and taxes. Review tenancies, surviving rights and current charges owed to the owners' association.

Article 9 in the series
GuideCosts

Compulsory auction: what differs by federal state?

·4 min read

The procedure is identical nationwide. The one major difference is the real estate transfer tax (3.5% to 6.5%). All 16 state rates and what else varies.

Article 10 in the series
GuideRisks

How we determine risk classes for compulsory auctions

·6 min read

ZVG Melder detects risk findings from official appraisals, structures them into classes and shows how strong the data basis is.

Article 11 in the series
GuideCosts

Compulsory auction portals compared, 2026

·20 min read

Official source and eleven private portals compared: cost, hearings visible without an account, appraisal, saved searches, maps. Checked on 5 October 2026.

Article 12 in the series
GuideLegal

Partition auction (Teilungsversteigerung): process, costs and your options

·5 min read

Partition auctions in divorce or inheritance cases: the § 180 ZVG procedure, when it can be stopped and what buyers should look for.

Article 13 in the series
GuideProcess

Finding auction dates at the local court: notice board, portal and the faster overview

·5 min read

Where local courts officially publish auction dates, what the announcement contains and how to see a court's hearings in one place.