How to stop a forced sale of property in Norway?

We know from experience that the situation when you need to stop forced sale of property in Norway  (norw. tvangssalg av bolig) can become a reality for many. The reason for this is that many of us do not have a sufficient overview of our finances. The good news is that in most cases there is a solution. Lorentzen Consulting offers solutions that have helped many people avoid forced sales of homes. In most cases, loan refinancing is the best option, but there are other options if refinancing is not possible.

Read more about refinancing in Norway.

Forced sale of property in Norway
Forced sale of property in Norway

Tvangsalg – Forced sale of the property in Norway

The worst thing that can happen if you fail to pay their bills is that your property will be sold by a bailiff. Creditors will struggle to cover their bills, interest rates and fees, and despite the fact that the housing market has grown sharply in recent years, it is unlikely that a forced sale of a home will give you the profit you hope for. This does not necessarily mean that the home will be put up for sale for a lower price, but there are a number of rules and obligations attached to such sales. The buyer is entitled to a price reduction if the home has deficiencies in relation to the information provided, or if the home is in significantly worse condition than what can be expected.

How can we help you stop forced sale of the property in Norway?

A forced sale of the home will never be good for you. We know how to stop the forced sale of property.

What can we offer you?

  • A long-term strategy to get out of the debt trap.
  • Avoid forced sale of the property.
  • Postponement of forced sale of property.
  • Obtain voluntary sales if refinancing is not possible, so that you can pay down as much of your debt as possible.

PBeing forced to sell your home is the worst thing that can happen to you. We can help you stop the forced sale of housing! Contact us for more information!

Tvangsalg - Licytacja komornicza nieruchomości w Norwegii 
Kredyt mieszkaniowy w Norwegii

Stop forced sales to avoid unpredictable costs

Stopping a forced sale of a home is a much better choice than letting the home be sold at a forced sale. Forced sale of your home will almost certainly be a bad deal for you. First and foremost, the bidding rounds for forced sales can be a costly affair for you. The bailiff is a body that approves all bids that come in. It costs to sell your home to the state, and this will also be covered through the sale. If costs become unjustifiably large, the bailiff can accept the first and best bid that comes.

The bidding process takes time

Getting a good offer to buy a property can be difficult. Since the bailiff has 6 weeks to accept the offer that came, you can lose many potential buyers. For the buyer, this means that during this period it will be difficult for him to bid on another property. This can scare off potential buyers and reduce the number of offers.

Licytacja komornicza nieruchomości
Forced sale of property in Norway

You can not live in your property

If you do not find another home during a forced sale, you may face several challenges. Even if the bailiff gives you permission to keep your belongings in the home until a new location is found, it may be contrary to the new owner’s interests: As a result, the new owner may demand that the home be emptied of your belongings. You will then incur extra costs or losses by transporting and storing the furniture elsewhere.

We value quality, professionalism and responsibility. Trust us and you’ll know you’ve made the right choice!

Lorentzen Consulting AS is synonymous with reliability. This obliges us to offer services of the highest quality. Over many years of experience, we have acquired the necessary knowledge and skills to help you. Remember – the sooner you contact us, the more effectively we can guide you through the process.
Contact us today for a free, no obligation review of your case. Together we will find the best solution for you.

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