If the auction target is auctioned again, the original buyer shall pay the commission that he and the client should pay in the first auction. If the re-auction price is lower than the original auction price, the original buyer shall make up the difference.
What are the precautions for buying auction real estate?
1. Make a good budget.
Buying an auction property requires a one-time payment, which involves a huge amount. You must have an accurate judgment of your economic strength in advance.
If you want to apply for a loan, the process is very troublesome and you need to pay a large guarantee fee to the guarantee company. These things must be clearly understood in advance.
2. Know the market in advance.
The demand for buying auction real estate is cautious enough, carefully investigate the market and make an accurate judgment before making a move. From many cases, it is very unwise for many buyers to find that the property value is not high after buying the auction property. There are risks on the way, so you need to be cautious in buying and selling.
3. Skills you need to master to participate in the auction.
(1) Make a budget in advance, know the real estate in advance, and have a similar valuation. Be clear about your tolerance. If it exceeds the tolerable range, it must not be listed. You must be calm and cautious, not affected by the environment.
(2) Generally, there are very few real estate transactions at the starting price, so when participating in the auction, we should not only look at the starting price, but also conduct detailed field surveys to understand the geographical location, market rent and market price of the subject matter.
(3) Before the auction, make a detailed understanding of the real estate, such as; In the property management office, find out in detail whether it owes management fees and utilities.
(4) When calculating the cost, all transaction taxes and fees must be included, because transaction taxes and fees are also a large sum of money.
What materials are needed for the court to auction real estate transfer?
1. Notice of assistance in execution issued by the court. What is needed is the original, and all the following materials must be original.
2. Civil ruling provided by the court.
3, the court commissioned the auction book.
4. The transaction confirmation and auction transaction book signed between auction units.
5. The owner of the house obtained by auction needs to bring his ID card and the Application Form for Registration of Private Real Estate Property Rights.
6. The auctioneer who buys a house needs to submit proof of payment of various taxes and fees.
7. Matters needing attention are as follows: houses obtained by individual auction need to be submitted separately: identity documents, actual marital status certificates, marital status certificates of floating population, and birth certificates; Other materials to be submitted for the house acquired by the auction unit include the business license or organization code certificate of the unit, the official seal and the identity certificate of the unit manager.