Ms. Zhang from Zhengzhou, Henan Province, bought a house for 1.6 million yuan through judicial auction. When she was ready to renovate, the property management company sent her a reminder for the payment of strata fees, asking her to pay a total of more than 500,000 yuan in property management fees for the period from January 2011 to September 2020. Among them, more than 90,000 yuan is property fees, and more than 410,000 yuan is late fees. As a result, Ms. Zhang had a dispute with the property management company.
Ms. Zhang did not choose to pay the strata fee, which led to the power outage of the house. Now, although she has bought a house, she is unable to move in. Ms. Zhang originally thought that she had picked up a bargain, but she didn't expect that what she picked up was a hot potato.
In this case, the court had clearly informed the bidders in the pre-auction announcement that they would need to bear the costs of the property owed by the house. Ms. Zhang did not raise any objection to this at the time of purchase, so it can be considered that she has agreed to pay this part of the fee. Therefore, she should pay the relevant fees as expressly communicated in accordance with the requirements in the announcement.
However, there was no mention of late fees in the court announcement, so the property company's request for Ms. Zhang to bear this part of the costs lacked legal basis and should not be supported.
After reminding Ms. Zhang of the charges, there was no legal basis for the property management company to cut off the power without permission. If there is a dispute between the parties, it should be resolved through legal proceedings, etc.
This incident reminds everyone that when purchasing items through judicial auction, it is necessary to carefully read the risk warning, and investigate and understand the possible arrears of the auction object. Decide whether or not to participate in the auction after clarifying the other costs implied by it, rather than blindly rushing to get started.
The foreclosure market is attracting more and more attention, and many buyers hope to "pick up the leaks" by buying foreclosure houses, lower the threshold for buying a house and improve the quality of living. For those who just need it, the low-priced** foreclosure house provides them with a more affordable option to buy a house. For investors, they are optimistic about the property market and hope to fight inflation by buying foreclosure houses.
With the increasing prosperity of the foreclosure market, more and more people have begun to realize the importance of pre-due diligence in the purchase of foreclosure properties. Through due diligence, buyers can understand the basic situation of foreclosure houses, avoid potential risks, and better plan their own purchase funds.
On major judicial platforms, the court will issue bidding announcements to display the basic information of the foreclosure house. Buyers can use these platforms to obtain information about foreclosure properties and provide reference for purchase decisions.
In the process of judicial auction, the court will publicize the situation of the auction object. The content of the announcement is usually a standard document, but the details may be slightly different. Special reminders are displayed in bold red or bold font to ensure that bidders have a clear understanding of the relevant important information. The court announcement has the corresponding legal effect, and the bidder needs to carefully read and comply with the relevant regulations.
During the bidding process, bidders need to pay attention to details such as the time of looking at the sample, the time of bidding, the bidding rules, the description of the liability for defects, the time of payment of the final payment, and the way to bear taxes and fees. This information is critical to the bidder's decision-making and subsequent actions, so it is important to read and understand it carefully. In addition, bidders also need to know the property status, land use rights, building structure, house type, decoration and whether they need to pay relevant taxes and fees. This information can be obtained by checking the documents published by the court, contacting the court or a professional foreclosure company.
In short, when participating in judicial auctions, bidders need to carefully read the relevant documents and regulations and understand the details of the auction objects to ensure that their decisions and operations comply with the provisions of the law and their own interests.
The timing of the final payment varies depending on the auction** or the court of enforcement, ranging from 1-3 calendar days to 30 calendar days, usually 10-15 calendar days. During the auction process, bidders must deposit the funds into a court-designated bank account within a specified time.
If the buyer chooses to purchase the loan by way of loan, it must conduct the loan pre-examination and interview in advance to ensure that the bank disburses the loan within the range stipulated by the court. Regarding taxes and arrears of the property mentioned in the above case, the specific amount will not be shown in the court announcement. Therefore, the buyer needs to do due diligence in advance, understand the relevant expenses, and calculate the purchase cost and bidding budget before participating in the auction.
If the bidder intends to participate in the auction of the house, it is necessary to conduct sufficient due diligence to understand the details of the house and make a psychological price estimate. Don't bid blindly because of impulse, otherwise once you choose to regret the auction, you are likely to bear legal responsibility. Therefore, before participating in the auction, you must carefully consider your own decisions and ensure that your actions are in accordance with the law and your own interests.
If the bidder has other special requirements for the house, he must go to the house by himself to understand the issues he is concerned about. If you are unsure, you can entrust a professional foreclosure agency to conduct an investigation to ensure a more comprehensive understanding of the housing situation.
Usually, to obtain the above due diligence information, it takes a lot of effort and uses a lot of information channels, such as on-site visits, court consultations, housing management department file adjustments, property consultations, etc., which is enough to show that due diligence is not a very simple jobLike a auction room] to complete.