AI reads the risk in Japan's court auctions.

766k

Yield: 19.6% / 125m²

神奈川県厚木市飯山字下千頭５４２番地１９

This property in Iiyama, Atsugi City, consists of land and a two-story wooden residence. It is currently occupied by the debtor/owner, suggesting a relatively straightforward handover. The building shows significant age-related deterioration, with internal damage and numerous movable properties. Located in an urbanization control area and a designated flood hazard zone, the existence of statutory surface rights also requires consideration.

339k

Yield: 24.6% / 70m²

神奈川県平塚市出縄字中谷戸４４７番地１８

This is an auction property consisting of residential land and a two-story wooden house located in Hiratsuka City. The building is occupied by the debtor but is vacant. The building shows significant age-related deterioration, potential termite damage, and suspected illegal construction due to unregistered extensions exceeding floor area ratio. The land is designated as a buried cultural property site and has elevation differences, making reconstruction a high-risk endeavor requiring additional costs and procedures.

186k

Yield: 22.5% / 35m²

神奈川県愛甲郡愛川町中津字桜台４０６１番

This property is a 2DK condominium unit (34.92 sqm) occupied by the debtor. The construction year is unknown, and it shows signs of deterioration such as loose flooring and wall cracks, requiring renovation costs. There are no arrears in management fees, and the appraised value is JPY 1.86 million, but a petition for a delivery order will be necessary.

42k

青森県十和田市大字藤島字藤島５９番１

This property is residential land with an unregistered building subject to statutory superficies, occupied by the debtor and other heirs. The building's ownership is complex, making handover potentially time-consuming and costly. It is located in a flood risk area and has a setback requirement for the south road.

52k

栃木県大田原市南金丸字馬場１８９０番

This is farmland (field) in Otawara City, currently occupied by the owner. It is abandoned farmland with remaining vinyl house frameworks. Designated as an agricultural land use promotion area, it requires a buyer eligibility certificate under the Agricultural Land Act, severely restricting its use. Some adjoining roads are not recognized under the Building Standards Act, posing high hurdles for rebuilding, making it a high-risk property.