What is the auction of houses according to law, and what problems should be paid attention to when buying houses according to law?

Auction houses have several main risks:

1. The land is mortgaged or cannot be transferred;

Second, auction houses sometimes have high taxes (there may be inheritance, gift or inheritance, and high taxes include: individual tax, value-added tax and deed tax); Especially for commercial real estate such as office buildings, apartments and facades, the tax is about 10% or higher.

Third, joint mortgage: multiple properties are on one certificate, and all properties need to be handled before transfer.

4. Auction houses may have affordable housing and affordable housing. If so, it is necessary to make up the difference or land transfer fee.

Conclusion:

Judicial auction of real estate has advantages and disadvantages, but as long as the specific situation is clear, it is still worth buying. But before buying, you must look at the auction house on the spot and carefully understand the specific situation of the house before participating in the auction.