The annual shopping carnival "Double 11" is coming soon. On the Taobao platform, in addition to hundreds of real estate companies with 800,000 units participating in promotional activities, foreclosure houses with lower discounts will naturally not miss this class Express train.

  Recently, the Alibaba auction channel not only launched the "Double 11 online payment and cash back" campaign, at the same time, it also launched the slogan of "not only 30% off" for unlimited residential purchases, and launched a batch of "1 yuan starting bids". Criminal property.

  Among them, the foreclosure property that is far below the market price may seem cost-effective and attractive, but not everyone can accept it. Waiting for the buyer may be a really good house, or it may be a house. Da Hang.

"1 yuan real estate" paid far more than 1 yuan

  In July of this year, the Zhejiang Higher People’s Court formulated the “Regulations for the Online Judicial Auction of Property Involved in Criminal Cases in Zhejiang Courts” to expand the scope of first-hand disposal of property in criminal cases, and jointly developed a judicial auction network platform for property in criminal cases. The bidding rules of “one yuan start, one time auction” are implemented locally to solve the problems of difficult disposal of criminal property, slow disposal, low realization rate, and low implementation rate.

That is, the rule of no reserve price auction is adopted, and the disposal rule of “starting at one yuan, based on the principle of auction” is implemented. For special circumstances such as no regrets, only one auction is required to complete the transaction.

  As a result, 1 yuan "criminal-related" real estate began to appear frequently on judicial auction platforms. These criminal-related real estates will be specially marked with the word (punishment) to distinguish other forensic properties. The right comes from judicial rulings, real estate and certain Criminal cases are related, for example, the person being executed is involved in a criminal case, or the house itself has a criminal case.

  Compared with the ordinary foreclosure, the flaws faced by "criminal" real estate are also more serious.

  For example, a real estate located at No. 8 Yingbin Road, Bei'ao Street, Dongtou District, Wenzhou City, Zhejiang Province, with a construction area of ​​106.2 square meters and a valuation of 297,600 yuan, starting at 1 yuan, and the subject owner is suspected of illegally absorbing public deposits Crimes and crimes of fund-raising fraud caused the immovable property to be enforced by the court. Moreover, the subject matter also involves illegal and illegal parts. The land is allocated by the state. After the auction is completed, the land transfer fee must be paid, and the buyer must advance the cost , The court clearly stated that it does not assume the guarantee of the defects of the subject.

  In other words, after the buyer pays the auction consideration, more costs will continue to be invested for the successful transfer.

  More than that, some houses have been sealed up by multiple courts, double mortgages, not vacated, occupied, priority purchasers, co-ownership, property arrears, etc., each of which is for the buyer Tricky question.

  For example, a "luxury mansion" with a construction area of ​​182.04 square meters and an estimated price of 13.658 million yuan in Wulin International Apartment in Xiacheng District, Hangzhou City has a starting price of only 1 yuan, but the real estate belongs to a joint property right and is mortgaged, and the property fees are still in arrears. It cost nearly 14,000 yuan.

  At the same time, some houses are facing folklore considerations.

  For example, previously, a foreclosure house with a construction area of ​​about 93 square meters in Nanyuan, Dingqiao Jingyuan, Jianggan District, Hangzhou, was sold for a foreclosure house with a construction area of ​​about 50,000 people. The house was finally sold at a total price of 2.22 million yuan. In China, a red font is used to mark a murder case inside the house.

The risks behind the high fever are everywhere

  In addition to the "criminal" real estate, common law auctions involving civil disputes also face some problems.

  Taking double mortgage as an example, a person from the personal loan department of a joint-stock bank told a reporter from China Business News that the house can be said to be the largest property held by most ordinary people, and some extreme borrowing cases with real estate as collateral are almost overdrawn. The full value of the real estate and personal repayment ability.

  "For example, the bank can apply for a mortgage loan of about 70% of the value of the house. Some borrowers also cash out the remaining 30% of the value of the house at the same time. They may even encounter bad professional lenders. The borrower goes through the online signing process before releasing 10% to 30% of the loan. As a result, the borrower's house is basically gone." The banker said.

  According to sources at the bank, some borrowers, after knowing that they could not repay their loans, rushed to repeat mortgages before the bank’s seizure and disposal of the foreclosure. Some borrowers also applied for renovation loans at multiple banks and were still borrowing from consumer financial institutions. The value of the house is drained.

  In addition to repeated mortgages, "not vacated, occupied" is also a problem often encountered in foreclosure. For example, vicious leasing or the original owner's occupation of the house will cause the buyer to face the embarrassing situation of not being able to move in despite the transfer procedures.

  For these huge icebergs hidden under the water, it is difficult for ordinary bidders to distinguish. This is also the risk of foreclosure.

  According to the online judicial auction data released by Zheshang Asset Research Institute: Affected by the epidemic, the judicial auction market on major online auction platforms across the country has shrunk in the first half of 2020, but market liquidity is similar to last year.

  In addition, data from the beginning of this year show that in foreclosure residential real estate, the discount rate for real estate has rebounded sharply after falling to a low point in March, and has shown a continuing upward trend.

Realization discount rate refers to the premium of the realizable price relative to the starting price, reflecting the strong demand of investors for foreclosure properties. This ratio continues to rebound, reflecting the significant increase in foreclosure prices.

  Author: Andrews