Why auction court property?

Every property buyer wants to buy a good house with good quality and low price, among which the auction house is obviously very good! For example, it may not only be lower than the market price, but also save a lot of money. There is no restriction on purchases, which is great! However, everything has advantages and disadvantages. Even the best algorithm has its shortcomings. What are the advantages and disadvantages of purchasing methods? Here is your detailed answer.

The advantage of the purchase method is that the auction house may sell at a price lower than the market price, and the buyer can pay less for the purchase; The disadvantage is that the house has not been actually surveyed, it is not clear whether there are quality problems, and the original owner refused to deliver the house when it was handed over.

What are the procedures of the auction house?

1. The first is delegation. Court real estate auction is not a direct property transaction by the property owner, but an auction commissioned by the auction house. Auction must also sign an auction contract, and real estate transactions can only be carried out by power of attorney. This is a written document that must be provided for the entrusted transaction.

Secondly, the auction house should prepare for the real estate transaction. The first step is to evaluate the value of the auctioned real estate, so as to determine the low price of the auction. The auction price should not be too high or too low, and the interests of both property owners and buyers should be guaranteed. The second step is to determine the date and announcement of the auction.

3, and then there is the buyer's purchase qualification and purchase conditions. The buyer shall submit relevant certificates and bid bond. The bid bond is the same as the deposit paid by commercial housing subscription book. If the transaction is successful, it will be included in the house payment, and if the transaction fails, it will be returned to the buyer.

The disadvantages of auction houses are as follows:

1, the property right of the auction house is not particularly clear. Before bidding for the auction house, you need to know whether the house has any debt problems and whether the house has multiple mortgages.

There may be some defects in the quality of the auction house, because at the time of auction, the court will only make some simple descriptions of the defects. If there are other problems with the house, it will basically not be indicated.

3. The cost of buying a house is not particularly clear. For example, the original owner is likely to default on property fees and utilities.

Finally, the auction bidding procedure of real estate is carried out. Once the house is successfully auctioned, the house price of the auction will be paid immediately, and then the auction house will give the auction house a certificate of ownership transfer.