China News Service, Hangzhou, April 23 (Reporter Huang Hui) Foreclosure, a concept that was once unfamiliar to most people, has suddenly become popular in the past two years.

According to previous media reports, in 2022, the number of foreclosure houses across the country will soar, and the high cost-effectiveness has also made many homebuyers regard foreclosure houses as an opportunity to "find out leaks" just in need.

How has the foreclosure room developed?

How do people feel about this?

　　Foreclosure transactions are not easy to move from non-restricted to restricted purchases

　　Foreclosure, refers to a house that is forced to be auctioned by the court.

"Post-90s" Chen Sisi learned about foreclosures in 2017, when she did not have a Hangzhou hukou.

Under the purchase restriction policy, she desperately wanted to own her own house, so she focused her attention on foreclosure houses that were not restricted to purchase.

　　"At that time, there were not as many foreclosures as there are now. After paying attention for half a year, I also visited some foreclosures on the spot. There are only a few that really make people want to shoot." Chen Sisi said that new houses and second-hand houses It can be compared repeatedly, but if the auction house is successful, it is necessary to buy it. The price may not be the expected price, it is a bit like a one-shot deal.

"It took a month from seeing the announcement to paying the full amount, it always felt too rushed."

　　Chen Sisi said that properties with better quality are rarely sold at a discount, and they are basically at a premium, and the premium rate is not low.

　　"Complicated", "a lot of things" and "not cheap" are the foreclosures in the eyes of Hangzhou citizen Wang Jie.

After paying attention to the foreclosure room for a while, he gave up the idea.

Even though the lottery for the new house was never successful, he still did not include the foreclosure room in his selection.

　　Wang Jie said that many negative news made him feel a little more worried about the foreclosure room.

Wang Jie believes that every time you have to read the "Auction Announcement" and "Evaluation Report" carefully to understand the current situation of the house, whether there is a lease agreement, and the status of arrears. Better to give up.

　　"I'm still quite interested in foreclosure properties, after all, there is a big price difference." After the Hangzhou purchase restriction policy was introduced in 2016, Hangzhou resident Zhang Yuan began to study foreclosure properties.

In his eyes, compared with general commercial housing, foreclosure houses have obvious price advantages, and the public is not familiar with this type of real estate and does not pay much attention, which gives home buyers a great opportunity.

　　Zhang Yuan participated in several auctions, but gave up because the price was not ideal.

"There are still many people robbing a good property, and the price even exceeds the market price."

　　In March 2021, Hangzhou issued a new policy, clarifying that bidders participating in the judicial auction of housing within the scope of Hangzhou's purchase restriction must comply with the Hangzhou housing purchase restriction policy.

After the promulgation of the New Deal, the opportunities for foreign buyers to "buy properties" in Hangzhou were blocked, and the phenomenon of "real estate speculation" in disguised form by using foreclosure auctions was also hit, and the Hangzhou foreclosure property market cooled down significantly.

　　On December 19, 2021, the "Provisions of the Supreme People's Court on Several Issues Concerning the Qualification of Bidders for Judicial Auctions of Real Estate by People's Courts" was released. Article 1 clearly states that the judicial auctions of real estate organized by the people's courts are subject to the purchase restriction policy of the place where the real estate is located. Where a bidder applies to participate in the auction, the people's court shall not approve it.

　　This means that foreclosure houses will be consistent with the purchase restriction policies of various places, and "no purchase restriction on foreclosure houses" has become a thing of the past.

　　The foreclosure market is becoming more standardized and still needs to embrace transparency

　　From full payment to loanable, from "not responsible for vacating and delivering" to the people's court being responsible for vacating according to law, from unlimited purchases to restricted purchases, the legal auction market is being further regulated, and the burden on auctioneers has been further reduced.

　　According to industry insiders, there are still many things that auctioneers need to pay attention to, such as whether the foreclosure property rights are clear, whether there is a lease, what fees need to be paid in addition to the house price, and especially whether to pay the land transfer fee.

"For some items that are uncertain, it is safer to buy a 'due diligence report' from a professional institution, and leave professional things to professional people to do."

　　Liang Wei, a real estate salesman with 10 years of "working experience", has clearly felt that the market demand for houses has declined since September last year.

"Strict property market policies in Hangzhou and the far-reaching impact of the epidemic are the main reasons. Generally speaking, it is more difficult to sell than before, but people who need it will still buy it."

　　When it comes to foreclosures, Liang Wei believes that even at the moment, the innate price advantage still attracts a large wave of buyers, but because they are worried about the risks, more people will wait and see.

If there is an institution that can provide due diligence services and avoid risks, it may not be a good choice for buyers who just need it.

He believes: "Introducing suitable foreclosure houses and providing professional services to homebuyers is not necessarily a new path for real estate agents to take when the market is not good."

　　How can foreclosure properties be accepted by more buyers?

Ding Jiangang, Dean of Zhejiang News Media Real Estate Research Institute, believes that all information about foreclosure auctions needs to be more transparent, such as more transparent processes, more transparent participation methods, and more transparent legal risks and legal guarantees for buying foreclosure properties. More transparent information such as the cost of additional expenditures required by the user.

"It is necessary to further popularize the knowledge of legal auction houses to the public, so that more home buyers can participate in the auction 'steadily'." (End)