Real estate mortgage refers to the act of applying for a loan with house ownership as collateral. If the borrower fails to repay or repay the loan, the lender has the right to ask the court to take compulsory measures against the mortgaged property. At this time, the court usually takes measures to auction the mortgaged property. So, what is the process of real estate mortgage auction? If the borrower refuses to repay the loan, the bank has the right to apply to the court for compulsory auction of mortgaged property. The auction procedure is as follows: 1. Determine the auction institution; 2. The court determines the evaluation agency, evaluates the value of the house and determines the lowest starting price; 3. Conduct an auction. If the auction fails, continue to auction at a reduced price; 4. After the auction is successful, the loan amount will be deducted, and if there is any surplus, it will be returned to the property owner. In this process, if there is an auction, it will be auctioned at twice the house price; After the second auction, the house will be auctioned for the third time with a 50% discount. Generally speaking, if the house is forced, even if it has been turned around a lot, it will definitely buy it. It is suggested that the borrower should try his best to repay the loan on schedule and be a trustworthy person; If there are special reasons why the repayment cannot be made on time, it is recommended that the borrower apply for deferred repayment. If the reason is reasonable, the bank will generally allow it.