Sale of cession of rights
The cession of rights to a mortgage credit is the sale of the rights of collection of the credit. These credits are usually past due, that is, the debtor has not paid his credit, which is why they are usually in repossession trial.
When the credit is in repossession trial, the litigating rights of the process are also transferred, so that if the debtor in question continues without paying and the legal process ends favorably, the buyer of the cession will have the right to the auction of the property, which may be claimed by the buyer.

Sales of foreclosed assets
It is a real estate property that is acquired by court order or by a payment in lieu. This happens when the original creditor was in default, therefore these properties are offered at very attractive prices for those seeking to invest in the purchase, sale and / or rental of real estate.