Foreclosure Auction: Two-Story Wooden House in Kasama, Ibaraki
This property is a two-story wooden residential house, currently occupied by the owner. The building shows significant aging, with extensive damage and staining to the interior and fixtures. There is also a potential for termite damage, indicating that substantial renovation costs are anticipated. A key risk factor is a psychological stigma ("jinshin kashi") due to the previous occupant's death from a fall inside the property.
Additional risks include the absence of a confirmed final inspection certificate ("kensa-zumi-sho") despite the existence of a building confirmation application. There is a water channel and a height difference between the property and the adjacent road, which could lead to extra costs during any reconstruction or renovation. Furthermore, cracks have been found in the concrete parts of the septic tank, and connection to the public sewer system remains incomplete.
The property is located in Kasama City, Ibaraki Prefecture. The nearest station is Kasama Station, approximately a 14-minute walk (1,105 meters) away.
This property is being sold via court auction. The opening bid price is 1,260,000 yen, with a required deposit of 320,000 yen. The auction deadline is May 15, 2026, with the opening of bids scheduled for May 22, 2026, and the final sale decision date set for June 12, 2026.
