Compared with the traditional way of buying a house, foreclosure houses** are more attractive, but there are also certain risks. Among them, the transfer procedure, as a key part of the purchase of a house, has confused and worried many buyers. So, how to handle the transfer procedures of the foreclosure house?Next, this article will combine practical experience to give you a detailed analysis.
Before going through the procedures for the transfer of foreclosure houses, you first need to understand the ** and nature of foreclosure houses. Forensic auction houses are mainly divided into three categories: debt disputes, criminal cases, and civil cases, and their nature is that the court compulsorily auctions the property. Therefore, before buying a foreclosure house, the buyer needs to have a full understanding of the nature and nature of the house, so as to avoid disputes in the subsequent transfer process.
Before participating in the foreclosure auction, buyers need to prepare for the following:
Understand the basic situation of the house: including the address, area, property rights, land use rights, etc. On-site inspection: Before bidding, you need to inspect the property to understand the actual condition of the house, so that you can make a reasonable bid at the auction. Preparation of funds: Before bidding, you need to ensure that you have sufficient funds to purchase a house to avoid unnecessary losses caused by not being able to pay the transaction price. Understand the bidding rules: Before bidding, you need to read the auction announcement carefully to understand the bidding rules and related matters. During the bidding process, buyers should pay attention to the following:
Reasonable bid: According to the actual condition of the house and the market**, reasonable bid, to avoid blindly following the trend or maliciously raising the price. Pay the deposit after the successful bidding: After the successful bidding, the deposit shall be paid according to the requirements of the auction announcement and the transaction confirmation shall be signed within the specified time. Mortgage loan: If you need a mortgage loan to buy a house, you need to apply for a loan from the bank in advance to ensure that the loan approval procedures can be completed within the specified time. Sign a formal sales contract: After the auction is successful, a formal sales contract needs to be signed with the brokerage company appointed by the court. The contract should specify the rights and obligations of both parties, the time of delivery of the house, and the liability for breach of contract. 
After the auction is successful and the formal sales contract is signed, the transfer procedures can begin. The foreclosure transfer procedures mainly include the following aspects:
Payment: Buyers are required to pay deed tax, stamp duty, personal income tax and other taxes in accordance with relevant regulations. The specific tax rate and calculation method can be consulted with the local tax department or brokerage company. Applying for a real estate certificate: Buyers need to bring relevant materials to the local real estate registration center to apply for a real estate certificate. The required materials include: sales contract, identity certificate, deed tax payment certificate, etc. Under normal circumstances, the real estate certificate needs to be completed within 30 days after the successful bidding. Transfer procedures for water, electricity, cable TV, etc.: Buyers need to go to the relevant service outlets to go through the transfer procedures for water, electricity, cable TV and other related procedures. Hukou migration: If necessary, buyers will also need to go to the local police station to go through the hukou migration procedures. As a special way of real estate transactions, although there are certain risks, as long as the buyers are fully prepared and understood, carefully participate in the bidding process, and handle various businesses in accordance with the prescribed procedures in the subsequent transfer procedures, the risks can be reduced and the goal of safe purchase can be achieved. Finally, I would like to remind all buyers: buying a house is risky, and investment needs to be cautious!