How Social Security auctions work: this is how you can bid on homes, farms, cars…

Given that one of the main functions of Social Security is to collect contributions (to subsequently finance the benefits that are integrated into its field of action), sometimes the body has the power to settle certain debts with the auction of different items seized from owners who did not pay the mandatory amounts.

Many of these assets are advertised on the agency’s website through its auction service, which can be a perfect option for people interested in all kinds of opportunities, whether real estate or not, that affect properties that can be bought. at a competitive price, different from the market price.

For all these citizens, Social Security provides an alert service that keeps these people informed of all new auctions that meet previously established parameters. Everything is done in the form of a subscription: the citizen informs about his interests (types of property, region in which he resides…) and all the news reaches his phone or email.

How to sign up for Social Security auction alerts

To subscribe, the citizen must use the ‘Information sale of real estate’ service, which can be accessed using a digital certificate () or Cl@ve (). The Social Security explains that in order to be able to subscribe successfully, you have to fill out a form in which you enter your personal and contact data, with a telephone number and an email to which alerts and all the properties about which you want news can arrive. .

Thus, each time an auction that meets the parameters of the citizen (in a specific city or province and for a specific type of good) is published in the Official State Gazette, the citizen will be sent the necessary information so that, if you want, go to her: place, date and time.

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How to check pending Social Security auctions

Apart from this option, which allows citizens to wait for an auction that meets their requirements, there is also another option consisting of personally consulting which auctions are pending at any given time. The Social Security where you can check which auctions are pending.

These auctions can be classified to filter them by type of property: not only houses are auctioned, since there are also rustic properties available, all kinds of vehicles, boats, electrical appliances, furniture, industrial material…

Later, and based on the previous selection, you can filter even more in detail using the ‘Advanced Search’ option that appears in the upper sector of the screen: by autonomous community, province, appraised value…

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