Hello, let me explain how your court auctioned the house: before the auction, the house will be sealed up, and then the professional will evaluate the value of the house. Only after the value of the house is determined can it formally enter the auction procedure. Next, it really entered the auction. AuctionNo. 1 andNo. 1 (the auction of real estate will be announced fifteen days before the auction) (1) The bidder shall pay a certain deposit to the people's court in advance before the auction. Applicants who participate in housing bidding may not pay the deposit in advance. The amount of the deposit shall be determined by the people's court, but it shall not be less than 5% of the assessed price or market price. (2) The people's court shall, five days before the auction, notify the parties concerned, the known holder of security interest and the person with preemptive right to be present on the auction day. (3) When no one bids at the auction or the bidder's higher bid is lower than the reserve price, if the application executor or other enforcement creditors present apply for or agree to accept the auction property at the reserve price set at the auction, they shall hand over the property to pay off their debts. 2. If there is no bid for the second auction or the bidder's higher bid is lower than the reserve price, it shall be auctioned again within 60 days. 3. Third Auction The third auction shall be held within 60 days for the real estate or other property rights that were not successfully auctioned in the second auction. 4. If the sale of the third auction is unsuccessful, and the application executor or other enforcement creditors refuse to accept or cannot accept the real estate to pay off debts according to law, the people's court shall issue a notice of sale within seven days from the end of the third auction. If no one is willing to buy the property at the reserve price of the third auction within 60 days from the date of announcement, and the applicant and other enforcement creditors still refuse to accept the property to pay off their debts, the measures of sealing up and freezing shall be lifted and the property shall be returned to the person subjected to execution, except that other measures can be taken for the property. 5. The transfer of ownership of real estate after auction or debt repayment, since the auction or debt repayment ruling is delivered to the purchaser or recipient, the real estate will be transferred accordingly. Usually, the court needs to issue a ruling to handle the transfer of property rights at the transaction core where the house is located. The reserve price we are talking about is the price put forward by the seller when entrusting the auction. If the higher price fails to reach this price, the auction should be stopped. It is the guarantee for sellers to safeguard their own interests. The auction reserve price refers to the low price that the auction sales price should reach at auction. Judicial auction shall determine its reserve price. The reserve price of auction shall be determined by the people's court with reference to the evaluation price; If it is not evaluated, it shall be determined with reference to the market price, and the opinions of the parties shall be solicited. The reserve price determined by the people's court shall not be less than 80% of the evaluation price or market price at the 1 auction; If the auction is unsuccessful, the reserve price may be lowered as appropriate when the auction is held again, but the amount reduced each time shall not exceed 20% of the previous reserve price. Matters needing attention in real estate auction: 1. Payment method of auction house. We usually require a one-time payment, and the payment time will be tight. 2. Near the house. Does the house have any property fees, utilities or gas fees, etc. All the taxes and fees of the auction house should be clearly understood. Does this house have an account? Is the house registered with company A? The house is a haunted house? The feng shui of the house. Does the house include decoration, furniture and appliances? In some auction cases, there will be a separate auction 10, whether the house is occupied 1 1, whether the house has quality problems, whether there is water leakage, etc. 12, whether the house is in arrears with the project payment is not particularly complicated, but some matters needing attention must be paid attention to, which must be clearly understood before the auction to avoid unnecessary trouble.
Legal objectivity:
Article 19 of the Provisions of the Supreme People's Court on Auction and Sale of Property in Civil Execution of People's Courts, if there is no bidder or the highest bid of the bidder is lower than the reserve price, if the application executor or other enforcement creditors present apply for or agree to accept the auction property at the reserve price determined by the auction, they shall pay off their debts. If more than two executing creditors apply for auction of property to pay off debts, the creditor with the first legal repayment order will be given priority; If the repayment order is the same, the beneficiary shall be determined by drawing lots. If the amount of creditor's rights payable by the debtor is lower than the price of the collateral, the people's court shall order it to make up the difference within a time limit.