House Buying Process in France

Buying at auction
- 1. Introduction
- 2. Types of Auctions
- 3. Auction Advertising
- 4. Auction Particulars
- 5. Reserve Price
- 6. Visits
- 7. Funding
- 8. Auction Procedure
- 9. Overbids
- 10. Payment

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5. Auction Reserve Price - Mise à prix

The mise à prix is the reserve or starting price for the property, which is normally about 60% of the estimated sale value.

However, it is not unusual to find properties being advertised a lower value in order to attract interest so you should not be mislead by the advertised price.

Next: Visits

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