Encumbrances and effective discount
Looking at the discount over the appraisal is not enough. El Pujante subtracts the encumbrances the buyer takes on to give you the real discount. We warn you when encumbrances exceed 50% of the auction value, and we distinguish those given in € (AEAT) from those in free text (judicial).
- Encumbrance-to-value ratio as a percentage, with visible alert thresholds.
- Distinction between numeric encumbrances and free text (which require reading the edict).
- “Nominal” vs “effective” discount so you get no surprises.