{"id":8748,"date":"2026-03-16T15:26:16","date_gmt":"2026-03-16T14:26:16","guid":{"rendered":"https:\/\/www.pellicerheredia.com\/purchase-of-mortgage-loans-in-judicial-proceedings\/"},"modified":"2026-08-06T10:15:16","modified_gmt":"2026-08-06T08:15:16","slug":"purchase-of-unpaid-mortgage-loans","status":"publish","type":"page","link":"https:\/\/www.pellicerheredia.com\/en\/purchase-of-unpaid-mortgage-loans\/","title":{"rendered":"Purchase of mortgage loans in judicial proceedings"},"content":{"rendered":"\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t
\n\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t

Purchase of unpaid mortgage loans in the judicial phase in Spain<\/h1>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t

Comprehensive legal management: from procedural due diligence to taking possession of the property<\/h2>\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\t

Purchasing an unpaid mortgage<\/strong> allows an investor to replace the creditor and assume the rights associated with the debt and its guarantee, but it does not entail directly purchasing the mortgaged property.<\/p>

The assignee assumes the creditor’s legal position under the terms established in the assignment, but does not automatically acquire ownership of the property. The eventual acquisition of the property will depend on the outcome of the foreclosure proceedings<\/strong>, a judicial auction, an adjudication, or an agreement with the debtor.<\/p>

At Pellicer & Heredia<\/strong>, we advise national and international investors on the analysis and acquisition of defaulted or foreclosed mortgages, reviewing the debt, the guarantee, any encumbrances, the foreclosure process<\/strong>, and the costs necessary to recover the investment.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t\tReviewed by Ignacio Pellicer Molla<\/strong><\/a>, Immigration and International Tax Lawyer at Pellicer & Heredia firm\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t\t\t\t