A few days ago, the Supreme People's Court issued the "Regulations on Several Issues Concerning the Qualifications of Real Estate Bidders in Judicial Auctions by the People's Courts", which will come into effect on January 1, 2022.

According to the regulations, in the judicial auction of real estate organized by the people's court, the people's court shall not allow bidders who are bound by the purchase restriction policy of the real estate location to apply for participation in the auction.

"Foreign auction houses are fully restricted" boots landed.

　　In the real estate market, foreclosure houses are favored by buyers for their low prices.

At the same time, there are no restrictions on the purchase of some places and houses, allowing many buyers to realize their dream of "having a home".

But at the same time, some people regard foreclosure as the last opportunity for real estate speculation.

　　This year's Central Economic Work Conference made it clear that "it is necessary to adhere to the positioning of houses for living, not for speculation, and strengthen anticipation and guidance."

The new regulations of the Supreme Law will affect some people who want to bypass the purchase restriction through foreclosure, and also indicate that the penetration and supervision of real estate regulation will be stronger and stricter.

　　"Due to information asymmetry, ordinary home buyers have limited attention to foreclosure housing." Li Chao, deputy director of the Urban and Real Estate Economics Research Office of the Institute of Financial Strategy of the Chinese Academy of Social Sciences, believes that the regulations issued this time are a kind of judicial policy. Self-improvement and inspection of the administrative control system will play a role in stabilizing market expectations.

　　At the system level, the new regulations of the Supreme Law not only clarify that the auction announcement issued by the People’s Court states that bidders must have the qualifications to purchase a house and the corresponding legal consequences, but also clarify that if the buyer’s fictitious qualifications for buying a house cause the auction to be invalid, he shall be liable for compensation in accordance with the law. responsibility.

　　The reporter noted that the new regulations of the Supreme Law also clarified that the judicial auction real estate cannot be disposed of normally, such as false auctions. The people's court does not support the request of the executors and other parties who are not qualified to purchase the house to repay the debts of the house.

However, industry insiders said that this is unfair to some executors, and it is not conducive to the realization of rights.

　　In addition, buyers are very concerned about whether the foreclosure can be vacated on time.

According to the newly promulgated "Opinions of the Supreme People's Court on Further Improving the Enforcement Power Restriction Mechanism and Strengthening Enforcement Supervision", if the auctioned property is real property and is occupied by the executor or others without the right, the people's court shall be responsible for vacating and retiring in accordance with the law, and shall not be included in the public information. Include information such as "not responsible for vacating, retiring, and delivering".

　　In fact, when buying a foreclosure property, you must also pay attention to avoiding the "minefield."

Experts believe that foreclosed real estate sometimes seems to be lower than the market price, but there are some risks in it.

Whether it is to "picking up" or "huge pit", you have to think twice before doing it.

Experts said that even if the loopholes in the purchase restriction are closed, as a home buyer, they must do their homework before participating in the foreclosure, and have a clear understanding of the property ownership, whether the house itself has defects, and whether the residents can vacate on time and other issues. It's not too late to make a decision.

　　Li Wanxiang