What are the risks of the property under judicial auction? How to avoid these unknown risks?

Recently, many friends are interested in French auction houses, but they don't know the details:

First, the method and process of purchasing faster houses:

(1) The bidder shall pay the deposit to the people's court. The amount of the deposit is generally not less than 5% of the evaluation price or market price. (2) The bidder shall go through the bidding formalities at the auction institution with the bank statement and the financial receipt certificate of the people's court; If the number of people who pay the deposit is less than two, no auction may be held; After the auction is completed, the deposit paid by the buyer will cover the price, and the deposit paid by other bidders will be refunded within three working days. (3) After the auction is completed, the auction institution shall make an auction confirmation and an auction report. The confirmation of auction transactions should strictly follow the payment time and delivery agreement or legal provisions of auction property. The auction report shall include details such as auction announcement, auction instructions, bidding situation, auction results, transaction confirmation, auction record and relevant copies. (4) An auction institution shall, within three working days after the auction is completed, hand over the auction confirmation, auction report and related materials to the entrusted management department of the people's court, and the entrusted management department shall hand over the auction confirmation, auction report and related materials to the business department within three working days after receiving the auction confirmation and auction report. (5) After the auction is completed, the buyer shall remit all the price to the designated account within the time limit stipulated by the people's court. (6) Pay the auction agency commission. The commission includes the actual expenses incurred by the staff in preliminary investigation, finding customers, organizing auctions, etc. The auction institution does not charge any other fees. (7) After the buyer has paid all the price, the business department shall make a ruling and deliver it to the buyer within 10 working days, and handle the delivery procedures of the auction property within 15 working days after the ruling is delivered. At this point, the auction process is completed. To sum up, the main process is: obtaining auction information → auction registration → paying deposit, obtaining bidder qualification → participating in the auction → closing the transaction → paying the house price → handling the property right certificate → handing over the house.

Second, the purchase of auction property needs to pay taxes deed tax: there are taxes and fees, there are real estate arrears!

Beijing commercial housing only has deed tax:

Deed tax: the first set: below 90 flat 1%, above 90 flat 1.5%? And stamp duty

Second set: 3% deed tax? And stamp duty

Business: 3% deed tax and stamp duty

If it is affordable housing or delivery room, it is necessary to pay more land transfer fees and comprehensive land prices.

Be sure to verify the nature of the house before the auction.

If you feel trouble, you can look at Whale Auction House. All auction houses have it, and all risks are publicized.

I hope it helps you! ! !

Third,? Purchase the materials required for the transfer of the auction house by the court: 1, confirmation of the auction transaction 2, announcement newspaper 3, copy of the business license of the auction house 4, copy of the legal person ID card of the auction house 5, legal person identity certificate 6, legal person power of attorney 7, copy of the auction power of attorney entrusted by the court to the auction house (2 copies) 8, notice of assistance in execution 9, buyer's ID card.

It is best to find a formal and legal auction company to avoid risks for you. I hope it will help you, and I will entrust lifelong service at one time.