Buying an auction house is to pay the down payment first and then the down payment. Generally, the pre-purchase contract will be countersigned at the opening. Pay the down payment when signing the pre-purchase contract, prepare the down payment after paying the down payment for one to two weeks, and then prepare the mortgage information for the bank's approval. The bank approved the money, went through the formalities, and began to repay the monthly payment next month. Therefore, after the approval of the bank loan is completed, the repayment time is not determined by the developer, but by the bank.

What should I pay attention to when buying an auction house and paying a deposit?

1, check whether the house has five certificates:

If the house you want to buy is an auction house, the developer can only start pre-sale if the documents are complete. Before paying the deposit, you should check whether the house has five certificates, especially the pre-sale certificate. Under normal circumstances, as long as the developer can show the pre-sale permit, there will be no big problem. But if the developer can't issue five certificates, it means that the house may not have gone through legal procedures, and buying such a house can't protect the legitimate rights and interests of individuals. I suggest you not buy it.

2, distinguish between deposit and deposit:

Be sure to distinguish between deposits and deposits. "Deposit" is not a normative legal concept. In fact, it has the nature of advance payment, not the nature of guarantee. Property buyers do not fulfill their contractual obligations, which does not mean that they cannot get back the deposit. Developers do not fulfill their obligations and do not need to double the deposit, but this does not mean that the defaulting party will not be liable for breach of contract. The "down payment" is a normative legal concept, and it is a form of voluntary agreement by the parties to the contract to ensure the performance of the contract.

3. Before paying the deposit, you need to sign the house subscription:

It is very necessary for buyers and developers to sign the confirmation letter of purchase and write down some verbal promises of developers. Before paying the down payment, the buyer needs to communicate with the developer and sign the house subscription book after confirming that both parties have reached an agreement. The rights and obligations of the buyer and the seller are clearly stipulated in the agreement. Although it is different from the purchase contract, it has the same legal effect. If both parties breach the contract, they shall bear corresponding responsibilities according to the house subscription book.