What are the precautions for mortgage real estate guarantee companies: 1. Pay attention to the scope of the principal creditor's rights, whether it is to guarantee the principal or include all expenses such as principal, interest, liquidated damages and expenses for realizing the creditor's rights. 2. Pay attention to the agreement on fees. It includes not only the taxes and fees charged by the registration department when handling mortgage registration, but also the fees charged by the borrower during the duration of creditor's rights. 3. Pay attention to the guaranteed area. 4. Sign the contract carefully.
legal ground
Article 386 of the Civil Code: If the debtor fails to perform the due debt or the parties agree to realize the security interest, the security interest holder shall enjoy the right of priority in compensation for the secured property according to law, unless otherwise stipulated by law.