In the real estate market, French auction houses are favored by buyers because of their low prices. At the same time, some places and some houses are not limited to purchase, which makes many property buyers realize their dream of "having a home". But at the same time, some people regard the auction house as the last chance for real estate speculation.
This year's Central Economic Work Conference clearly stated that "the house should be used for living, not for speculation, and the expected guidance should be strengthened". The new regulations of the Supreme Law will affect some people who want to bypass the purchase restriction through auction, which also shows that the penetration and supervision of real estate regulation will be stronger and stricter.
"Due to asymmetric information, ordinary buyers pay limited attention to auction houses." Li Chao, deputy director of the Urban and Real Estate Economic Research Office of the National Economic Strategy Research Institute, believes that this provision is a self-improvement of judicial policy and an administrative regulation system, which plays a certain role in stabilizing market expectations.
At the institutional level, the new regulations of the Supreme Law not only clarify that the auction announcement issued by the people's court states that the bidder must have the qualification to purchase a house and its corresponding legal consequences, but also clarify that if the buyer's fictitious qualification to purchase a house leads to invalid auction, he shall be liable for compensation according to law.
The reporter noted that the new regulations of the Supreme Law also made it clear that the judicial auction of real estate could not be disposed of normally, and the people's court would not support the request of a party who is not qualified to purchase a house, such as the applicant executor. However, insiders said that this is unfair to some application executors and is not conducive to the realization of rights and interests.
In addition, buyers are very concerned about whether the auction house can vacate on time. According to the Supreme People's Court's newly issued Opinions on Further Perfecting the Restriction Mechanism of Execution Power and Strengthening the Supervision of Execution, if the auction property is immovable property and the person subjected to execution or other people have no right to occupy it, the people's court shall be responsible for vacating it according to law, and shall not indicate information such as "not responsible for vacant delivery" in public information.
In fact, the purchase method should also pay attention to avoiding the "minefield". Experts believe that auction houses sometimes look lower than the market price, but they also have some risks. Whether it is a "leak" or a "giant pit", you should think twice before you act. Experts said that even if the loopholes in the purchase restriction are blocked, as buyers, they should do their homework before participating in the auction, and have a clear understanding of the ownership of the property, whether the house itself is flawed, and whether the residents can vacate on time before making a decision.