What does liquidation mean?

Many properties will have a big discount at the end of the day, so many people like to buy houses launched at the end of the day. In fact, not all the late sales are worth buying. There are many aspects to pay attention to when buying. Let's take a look at what we need to pay attention to when buying a liquidation house!

What does liquidation mean?

Liquidation is a legal procedure, which refers to a series of processes in which a company stops production and operation, sells all assets (including machines, tools, factories and offices) in a short time, converts them into cash, and then dissolves the company according to legal procedures. In the field of real estate, the liquidation house refers to the liquidation sales stage when the building is sold to the last few houses. At this time, it is most advantageous to buy a house in liquidation.

What should I pay attention to when buying a clearing house?

1. Find out the reason for being late.

Before buying and selling later, we must first carefully understand the whole property and find out the reason for liquidation. If it is a problem of poor apartment type, poor quality or poor property service, it is best not to buy it, otherwise it is likely to be greedy and cheap.

2. Field trip is very important.

Usually, if the project is only sold at the end of the project, the whole project will be almost completed. Therefore, if you want to buy a house at the end of the project, you can go to the site around the project and carefully check the environment and supporting facilities around the project.

3. Listen to the opinions of seniors

When you buy a post-building, you can first ask one of the other owners of the community to find out their comments on the community. If they are highly rated, they are worth buying.

4. Not blind in the face of low prices

In order to realize cash as soon as possible, some projects will give very attractive prices, and the prices of these houses will be much lower than the previous hot-selling prices. However, consumers should be cautious when buying a house, and never buy it on impulse for the sake of cheapness. If there are problems afterwards, they will suffer.

5. Calculate the service life of the land.

Usually, developers will not start construction and development immediately after obtaining the land use right, which will take a long time, and it will take some time to build houses. Therefore, after buying a house, the land service life of the house will inevitably "shrink" a lot, so buyers must calculate the land service life.