Partition auction - private sale / experiences?

Hello,

a few days ago we viewed an auction item from a partition auction (from the outside). That means location, traffic emissions, orientation, surroundings, etc. We did not enter the property itself, as the house standing on it is still inhabited by a co-owner.

According to the real estate agent, there is the possibility to purchase the property before the auction. We would prefer that over the auction. We are only interested in the land, not the house. We would demolish it after acquisition (this is also recommended in the property appraisal. A building permit for two single-family houses on the property already exists.)

Since we have no experience with auctions or "private sales," I wanted to ask if there are any tips or experiences here in the forum?

Since we have no experience with auctions or with "private sales," I wanted to ask if there are any tips or experiences about this here in the forum?

A partition auction means that several owners own a property, some want to sell, others do not (e.g. in the case of a divorce). But since they cannot agree, an auction is initiated – it is quite possible that, for example, the owner who does not want to sell may want to acquire the house and also bids (after all, he does not have to pay for his own share). Why a private sale should be possible in this case is not clear to me. Precisely because at least one co-owner does not want to sell, the property is auctioned. There are more than enough experiences here regarding the "purchase of a plot / house." Read up or ask specifically. Everything else would go beyond the scope.

There are more than enough experiences regarding the "purchase of a plot/house" here. Read up or ask specifically. Everything else is beyond the scope.

In this case, I do not want fundamental/general experiences, but as described above about "partition auctions/ private sales."

And regarding that, I can only really ask relatively general questions, as I have no experience with what one has to watch out for. Maybe someone with experience can tell me :)

I do not want general/basic experiences in this case, but as described above regarding "partition auctions/private sales"

A private sale is a completely normal plot/property purchase. It is identical to all other purchase contracts when you go to the notary. Nothing else. You = buyer agree on a price with the seller, choose a notary, and go there to notarize the purchase. That's all, no special features. A partition auction is an auction at court. It is an auction like any other (for example, when the bank forces the auction of a house). Enter auction process (house) in Google, and you can read the exact procedure in the first results (actually doesn't matter which). The procedure is the same for every auction - only the reason for the auction is different in your case.

The freedom to choose a private sale when there are reasons for a partition auction is so unusual that this peculiarity would first have to be investigated before one could go into it in more detail.

An off-market sale is a completely normal land/property purchase. This is identical to all other purchase contracts when you go to the notary. Nothing else. You = buyer agree with the seller on a price, choose a notary and go there to notarize the purchase. There's nothing more, no special features.

Partition auction is an auction at court. It is an auction like any other (for example, when the bank has a house auctioned off by compulsory auction). Enter auction procedure (house) on Google, and you can read the specific procedure from the first results (actually it doesn't matter which). It is the same for every auction - only the reason for the auction is different in your case.

Thanks, but I have already googled all of that as well. My concern is not to understand what this is about according to the definition of terms.
Therefore, I know what a partition auction or an off-market sale is and have informed myself about it.
As mentioned before, I am looking for experiences & tips.

Because in this concrete case it is not a "completely normal property sale." That might possibly be stated in a foreclosure auction, where banks are often the creditors, and you negotiate with them "normally" (although normal for me would rather mean that there is a more or less solvent seller who genuinely wants to sell...).
But since here it is an heirs' or creditors' community, there is not one seller with whom I can/could sit down and come to an agreement, but (probably - otherwise it wouldn't be a partition auction...) several owners. Therefore, in such a case there is often also an insolvency administrator or specialized brokers (who specialize in these cases, in this case it is KFW Koblenz, who conducts these negotiations with the creditors' committee).

yes, it also seems strange to me. But I will also call the relevant brokers shortly to find out more.
We had initially only found the property in the compulsory auction and only now saw that there apparently is also a specialized broker taking care of it. Whatever that means ;)