What are the risks of the auction house and what should we pay attention to?

1. The auction house may have unclear property rights. If there are more than two actual owners of the house, the ownership cannot be transferred when the two sides hold different opinions. Secondly, many people who are executed by legal auction may still have multiple debts. Even in different cities, it is more difficult for buyers to sort out the debt relationship of multiple claims and multiple mortgages, resulting in endless future troubles.

2. The taxes and fees for house auction by purchase method are different from ordinary second-hand houses, and the taxes and fees generated by the transaction are generally borne by the buyer. Because the person subjected to execution (owner) is the taxpayer of the main tax, but his performance ability has deteriorated and he is unable to pay taxes, most courts will take the lead in stating in the tender announcement or tender instructions that "all taxes and fees shall be borne by the buyer". At the same time, there may be problems such as the owner's default on property fees and utilities, which directly increases the buyer's bidding cost.

3. Auction houses may have leasing risks. The law stipulates that the sale does not break the lease, that is, the lease contract is not invalid because of the change of the property owner. If you shoot a house with a lease, it will take some time and cost to rent it out later.

4. The auction room may be defective. Before the house auction, the public information often simply describes the defective parts, but does not indicate the possible quality and life problems of the house, which also leads the bidders to not fully understand the current situation and possible problems of the auction house.

Matters needing attention in purchasing judicial auction house

1. Understand the rules and procedures of judicial auction, and avoid confiscating the deposit because of regret.

2. Understand the current situation of the house, see if there is a lease, * * * is occupied, and the account is occupied. Especially those who need a degree, you must go to the relevant departments in advance to understand clearly.

3. Understand the housing utilities, property management fees, taxes and fees and the burden of land transfer fees. If these expenses need to be borne by the buyer, then the buyer must consider them comprehensively.

4. Understand the bank's mortgage requirements and the rules for the use of provident fund, because some judicial auction houses need one-time payment.