Perkich’s Tip of the Week: Who Can Bid on Foreclosures in Japan?
This week’s Tip of the Week is brought to you by Real Estate Japan Insight. In this week’s audio clip, Edward Perkich, President and CEO of Sleep Well Homes, gives us a rundown on who is eligible to bid on foreclosures in Tokyo. Can you bid on foreclosed properties even if you are a foreigner living outside the country? What are the three minimum pieces of paperwork you will need to submit a bid? And what if you don’t speak Japanese? Listen and learn the basics.
Edward was also the speaker for our July 2011 webinar on How to Invest in Tokyo Foreclosure Properties.
Listen to the Tip of the Week below.
Previous tips from Erik Oskamp : investment properties in northern Tokyo, investment properties in Shibuya and Minato wards, and Tokyo Bay real estate, surprisingly high yields in Chuo-ku, Tokyo, real estate taxes in Japan, property valuation in Japan, landlord and tenant issues, and common negotiation mistakes.
Previous tips from Edward Perkich: Overview of Tokyo Foreclosure Properties.
Photo credit: Andy king50 via Wikimedia Commons