How long will it take to vacate the house after the auction?
The time for vacating the house after the auction is not specified, and it is generally decided by both parties through consultation. As the buyer, has fulfilled its main obligations, then the other party should hand over the house on time. If the other party refuses to vacate the house, it is a serious breach of contract, and the other party can be held liable for breach of contract. If a house sales contract is signed, the contract stipulates the delivery time of the seller. If the owner does not vacate the house, he can sue the court to defend his rights and demand compulsory vacating the house.
What are the precautions for buying an auction house?
1. The property right of the house to be auctioned should be clear, and there will be no problem in transfer. If the house entrusted for auction is mortgaged, the mortgage shall be cancelled first. If the court entrusts the auction, it shall submit the power of attorney of the court and the notice of assistance in execution.
2. For the house entrusted for auction, the auction company must first strictly examine the ownership of the house, and then sign an entrusted auction contract with the client. When handling the property right of the property obtained by auction, the certificate of house ownership, confirmation of auction transaction, auction agreement, judgment, ruling or mediation, and power of attorney shall be submitted.
3. Auction is a means to deal with some non-performing assets. The money must be paid in one lump sum, and all taxes and fees generated in the transfer process are borne by the buyer (most of them, some local courts will withhold part of the auction money to pay taxes), but most people don't know until they pay taxes.
4. If the auctioneer is an enterprise, the taxes and fees of such houses are basically very high. If the land value-added tax goes through liquidation procedures, it is likely to be more expensive than the house itself. In this case, the auction money plus taxes, plus other 7788 expenses, may be higher than the cost of buying a second-hand house.
Many people often see some problems about the auction of houses in TV series, but this kind of situation is rarely encountered in real life, but it does not mean that it does not exist. If you really encounter such a house, you should know more about the auction house before you can buy it correctly.