The auction process of mortgaged property is as follows: 1. Determine the auction institution; 2. Evaluate the value of the house by determining the appraisal institution and determine 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. What materials do you need to mortgage your house? Materials required for house mortgage are: 1, original and photocopy of house ownership certificate, and original and photocopy of state-owned land use certificate; 2. The original real estate mortgage contract; 3. The identity certificate or legal person qualification certificate of the mortgagor; 4. Power of attorney; 5, real estate mortgage registration application; 6. Marriage certificate or divorce certificate, etc. 7. Other materials that need to be proved. Legal basis: Provisions of the Supreme People's Government on Auction and Sale of Property in Civil Execution Article 4 The people's court shall entrust an appraisal institution with corresponding qualifications to evaluate the price of the property to be auctioned. If the value of the property is low or it is easy to determine the price according to the usual method, the evaluation can be omitted. If both parties and other enforcement creditors apply for not evaluating, the people's court shall allow it. When evaluating the equity of the person subjected to execution, the people's court may order the relevant enterprises to provide accounting statements and other materials; If the relevant enterprise refuses to provide it, it can be forcibly extracted.

2. What are the mortgage loan processes?

Real estate mortgage loan means that when the mortgagor provides debts to the mortgagee in the form of legal real estate to fulfill the debts, the mortgagee has the right to auction the mortgaged real estate according to law and get priority compensation for the proceeds. Let's talk about the conditions and materials needed for mortgage loans:

First, the application conditions:

1, person (including Hong Kong, Macao and Taiwan);

2. The lender has good credit and no major bad credit record;

3, a stable income, with

4. If a bank is designated, other conditions stipulated by the bank shall also be met.

2. Application materials:

1. Identity cards and household registration books of both husband and wife of the borrower.

2. proof of marital status, unmarried people need to provide unmarried mediation certificate or divorce certificate (

3. If you are married, you need to provide your spouse's property and marriage certificate;

4. The borrower's income certificate is local);

5. Real estate title certificate;

Here is the process of housing mortgage loan:

1. The applicant should prepare all materials, including the husband and wife's ID card, household registration book, marriage certificate, real estate license, and bank statements of personal accounts for the last six months.

2. The bank evaluates and issues an evaluation report.

3 bank loan application, real estate license, financial certificate and related materials to the borrower.

4. Apply for real estate mortgage after the approval of the bank.

5. The borrower and the guarantor of both borrowers sign the Housing Mortgage Loan Contract and notarize it.

6. The deposit and loan of the signatory of the loan contract shall be transferred to the bank account specified in the agreement by transfer.

7. Post-loan management of banks.

3. What are the mortgage auction processes of guarantee companies?

The process and steps of auctioning collateral (taking real estate as an example) are as follows: 1. Go to the Housing Authority to seal up the property rights involved. 2. Entrust an appraisal company to appraise the house value. 3. After the evaluation results come out, determine the auction floor price according to the property value determined in the evaluation report. 4. Entrust the auction company to auction the house. 5, auction, make a ruling to determine the legal effect of the auction results. 6. If the auction fails due to no auction or other reasons, the price can be reduced by 10-20% on the basis of the reserve price of the first auction as the reserve price of the second auction, and the auction company can be entrusted to auction again. 7. If the second auction still fails, you can reduce the price by 10-20% on the basis of the reserved price of the second auction and conduct the third auction. The house auction can be held up to three times. 8. If the auction fails three times, the creditor may apply for paying off the debt with the house.

4. What is the disposal process of collateral?

1. The lending bank will collect the loan according to law. According to the loan contract and guarantee contract (mortgage or pledge contract), the lending bank will take measures such as property preservation, including freezing the deposits in all bank accounts of the lender and the loan guarantor and sealing up the pledged property.

2. After the judgment is made, the property will be enforced according to law (deducting deposits, auctioning collateral, etc.). ) to repay the bank's loan losses.

3. Specifically, it includes: loan principal, loan interest, overdue interest, penalty interest, and all litigation costs arising therefrom, and related expenses incurred when disposing of the mortgaged property.

4. Credit will be affected. If the borrower is a company, your company will be recorded in the national bank credit information system, and loans in the name of individuals will also be recorded as overdue loans in the national personal credit information system.

5. If you are not in bad faith in defaulting on the bank loan and are able to pay the interest on the normal loan, it is recommended to apply to the loan bank for an extension of the loan first, explaining the willingness to repay, the fact that you will not repay the loan temporarily and the plan for repayment in the future. Under normal circumstances, the bank will give a grace period.