Short for court auction of real estate, a house that is forcibly auctioned by the court. When the debtor (owner) is unable to perform the mortgage contract or pay off the debt, the creditor applies to the court for compulsory execution through various judicial procedures, and auctions the house under the debtor's name to pay off the creditor's rights with the proceeds from the auction. The house auctioned in the process is the so-called auction house.

What brand does Beijing issue? What does com mainly do?

Beijing Fapai. On 15, com engaged in house auction according to law, judicial real estate auction and real estate industry. Beijing Fapai House belongs to Beijing Jinbo Shunchang Asset Management Co., Ltd.? Formal auction qualification, business scope can be viewed from the enterprise credit network, composed of four auction industry veterans. The specific information of Beijing Jinbo Shunchang Auction Co., Ltd. can be found on Beijing Enterprise Credit Network.