Homebuyers mostly refuse to buy any house where there is a problem with the documentation. This especially applies to buying a house in an auction as there are a host of legalities involved and most importantly uncertainty about possession. However, the largest lender, State Bank of India (SBI) has clarified that it is a myth that one has to deal with legal complications when buying auctioned foreclosed properties. Through SBI Mega E-auction, the lender puts up mortgaged properties that includes residential and commercial ones too. On multiple occasions, SBI opens its mega auction for many homebuyers, who are planning to buy their dream house. You can review the properties that are available for sale at affordable prices. 

However, SBI has sought to calm the fears of homebuyers over legal complications and through its Twitter account announced, “Worried you might buy more problems than property? Don’t be! Only litigation free properties are put up at the SBI Mega E-Auction. Visit http://sbi.auctiontiger.net  and https://www.bankeauctions.com  to see the properties.”

www.bankeauctions.com/Sbi and sbi.auctiontiger.net.