- Case 1: My buy price was wrong
- Case 2: Dispute with residents
- Case 3: Unable to find the borrower
Case 1: My buy price was wrong
The biggest problem with incorrect bid prices is digital transcription errors.
The amount in this case was originally supposed to be 5.5 million yen, but it was actually written as 55 million yen.
Since it's 10 times the bid, there's no doubt you'll be the highest bidder.
So, do you have to pay 55 million yen? It's not that stupid.
As long as you pay the security amount, there are no consequences.
Assume the standard selling price is 4 million yen.
In that case, you can get away with giving up 800,000 yen.
Until four years ago, there was a penalty that prohibited the auction within three years if the balance was not paid, but with the amendment of the Civil Execution Law, this penalty has been cancelled.
However, such mistakes should be avoided.
You should ensure that you keep a copy of the tender documents and exercise extreme caution and double check to ensure that there are no discrepancies in price.
Stick to the basics and don't skimp.
This is the attitude you need for any job.
Then write the number in Arabic numerals as per the instructions in the tender document.
For example, if "5,000,000" is written as "5,000,000.-" or "0.-", it is invalid.
If you seal your daily habits in a program, don’t forget to write them down so you can check them later for peace of mind.
Case 2: Dispute with residents
The auction property may or may not be occupied.
In the case of apartments, it is not uncommon for no tenants and no property to be left.
In this case, it is called a voluntary release and can also be completed after showing a copy of the register and your ID to the key release specialist and confirming that there are no valuables inside.
However, these properties are not exclusive.
Few of them would make flirtatious remarks bordering on threats, saying, "What the hell, you bastard! Are you going to make me leave?"
NG's action was to appease them and try to solve the problem with money.
No need to speak. From the extradition order to the enforcement, please follow the law.
A court-appointed bailiff will assist you with practical matters.
As the philosophy of the law has changed from protecting tenants to strengthening the rights of buyers, bailiffs now side with buyers.
Additionally, if a tenant attempts to contact a buyer directly (a tenant engaging in flirting), additional steps need to be taken.
Please inquire with the Life Protection Division or Life Crime Prevention Division of the police station that has jurisdiction over the area where the property in question is located.
If you show the property being auctioned, the case number, and documentation proving you are the buyer (such as a balance payment notice), they will contact the owner.
The charge is obstruction of enforcement, and since this is a crime punishable by up to two years in prison, the attitude of landlords will change.
If you have had similar contact, please report it in time.
The police force is a strong backing for homebuyers. There is no need to be afraid.
Case 3: Unable to find the borrower
Even if you win the auction, release the property, and renovate the property, if no tenants show up, you’re going to be in trouble.
Even if you look up at the sky and wonder “why…I didn’t do anything wrong”,
Nothing will change. There are three main reasons why you might not be able to find a tenant.
- Real estate agents in the area don’t know your property.
- The property is not of high enough quality to be put on the rental market.
- Rent is too high
In many cases, all three factors apply.
To overcome this, it is important to have multiple real estate agents view the property and get their opinions openly.
The NG action is talking back. If you talk back, they will be silent.
You can even ask them to follow you.
But I was muttering to myself, “No, this guy has to use this property as a guessing horse.”
Whether the property will be favored or considered the most popular property depends on the mindset of the owner.
If surrounding real estate agents become aware of the property, raise their standards, and keep the rent at a level comparable to nearby rentals, the number of showings will increase.
It may be difficult to decide at first.
But that’s where patience comes in.
If you yell at your agent at this point, they won’t even give you a preview.
Don't forget that previewing is their unpaid labor.
"Thank you, is there anything you want to say?
I will try my best to meet your requirements, so please continue to support me,
Rather than speaking positively and condescendingly. ”