2. Timing is very important: when buying a house for judicial auction, the buyer must understand its auction process. Generally speaking, there are three auction opportunities in the process of house auction stipulated by law. But it should be noted that the number of auctions will also affect the price of the house. For example, if a real estate project is not auctioned for the first time, the price will be lowered by 20% when it enters the second auction.
What should I pay attention to when buying a house by judicial auction?
1, pay attention to the identity background of the original owner: first of all, everyone should know which houses may become judicial auction houses and which houses have mortgage defaults; There are houses that default through private lending, houses confiscated by judicial organs, and finally ownerless properties. When you buy a house for judicial auction, you should find out what kind of situation the house belongs to, and at the same time carefully study and verify the auction announcement, and then make a rational decision. If the house is auctioned by the judicial organs because of business failure, you can still consider buying it. If you meet a rogue homeowner, you should buy carefully, because the former homeowner may come back to make trouble and find trouble later, which is not worth the candle.
2. Pay attention to the pressure of one-time payment: loans are basically not allowed for houses auctioned by judicial organs. If you want to buy such a house, you can only pay in full. Generally, before bidding by auction, you must pay a certain auction deposit first. If the house is auctioned successfully, you need to make up the balance within a certain period of time, so you should consider your financial situation before buying. If the economic situation is not very good, the pressure of one-time payment will be greater, so pay attention to yourself before buying lots.
3. Pay attention to the fact that the quality is not necessarily guaranteed: the house auctioned by the judicial organs will also tell some stories about the flaws and shortcomings of the house, but the hidden problems of the house are generally not explained in detail. Therefore, you can't decide whether to buy or not just by information. You should go to the field to see the house, or you may encounter a house with defective buildings. However, it is difficult to see the houses auctioned by judicial organs, so be careful when bidding. If the bidder makes a bidding decision, it means that he has fully understood the situation of the house and accepted it.