The art of ultra-profitable real estate auctions that will get you started earning 10 million won without fail.
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Description
Book Introduction
Real estate auction investment,
Don't blame your humble seed money, choose a way to make a quick profit!
'They say you need at least 30 million won to invest in a villa', 'They say it's a bear market, so what's the point of investing in real estate?', 'How can I handle the painful auction?'
People who can't make money find reasons why they can't make money.
But people who want to make money somehow find a way to make money.
Anyone who has the will to make money and has more than 1 million won in seed money should read this book.
It contains a method of investing in real estate auctions with high profits, starting from small amounts without competition.
The authors of this book, CEOs Yoo Geun-yong and Yang Jin-no, are living witnesses.
By investing in small amounts of specialized goods and joint investments, and through self-litigation, we have minimized costs and increased our assets and investment skills.
There is one important thing they have learned from their past investments.
There is something more important than winning the bid for an item.
It is the ability to handle the situation well after the auction.
Only investors who are able to resolve unexpected conflicts and solve problems on their own can secure high returns with minimal financial and emotional costs.
This book is a strategy book for high-profit auction investment.
Through 23 auction case studies, you can learn problem-solving patterns in various situations, as well as understand the types of litigation and how they are conducted to protect your property rights as a successful bidder.
This means that you can take the initiative in negotiations with stakeholders and also increase your negotiating power.
Furthermore, it covers the techniques of self-litigation, which allows you to skillfully handle the necessary legal procedures on your own without the help of a lawyer or legal representative.
If you think this is something only experts can do, you are mistaken.
Even beginners will realize that this is something they can easily do with just this book.
You can be confident that real estate auctions are no longer a scary unknown, but a land of promised profits guaranteed by the law.
Don't blame your humble seed money, choose a way to make a quick profit!
'They say you need at least 30 million won to invest in a villa', 'They say it's a bear market, so what's the point of investing in real estate?', 'How can I handle the painful auction?'
People who can't make money find reasons why they can't make money.
But people who want to make money somehow find a way to make money.
Anyone who has the will to make money and has more than 1 million won in seed money should read this book.
It contains a method of investing in real estate auctions with high profits, starting from small amounts without competition.
The authors of this book, CEOs Yoo Geun-yong and Yang Jin-no, are living witnesses.
By investing in small amounts of specialized goods and joint investments, and through self-litigation, we have minimized costs and increased our assets and investment skills.
There is one important thing they have learned from their past investments.
There is something more important than winning the bid for an item.
It is the ability to handle the situation well after the auction.
Only investors who are able to resolve unexpected conflicts and solve problems on their own can secure high returns with minimal financial and emotional costs.
This book is a strategy book for high-profit auction investment.
Through 23 auction case studies, you can learn problem-solving patterns in various situations, as well as understand the types of litigation and how they are conducted to protect your property rights as a successful bidder.
This means that you can take the initiative in negotiations with stakeholders and also increase your negotiating power.
Furthermore, it covers the techniques of self-litigation, which allows you to skillfully handle the necessary legal procedures on your own without the help of a lawyer or legal representative.
If you think this is something only experts can do, you are mistaken.
Even beginners will realize that this is something they can easily do with just this book.
You can be confident that real estate auctions are no longer a scary unknown, but a land of promised profits guaranteed by the law.
- You can preview some of the book's contents.
Preview
index
Prologue _ The shortcut to wealth lies in special item auctions.
Why You Should Read This Book: Earn 10 Million Won and Start Your Own Lawsuit
Part 1: High-yield real estate auctions with no competition, from small amounts to large amounts
Chapter 1: Special Property Investment and Self-Litigation: Easy Once You Know It
Why should you know about special items and self-litigation?
Types of litigation frequently encountered by auction investors
Special items, difficult for beginners? Not at all!
Self-Litigation: A Shortcut to Saving Money and Gaining Experience
Chapter 2: Delivery order and compulsory execution that must be issued after the successful bid
The occupant's attitude changed dramatically before and after the auction.
: Why you must use the Indian Order System
If you only believe the occupant's words, you'll get in big trouble.
: Public auction is an application for an injunction prohibiting transfer of possession at the same time as the transfer of ownership.
An unexpected stakeholder appears at the enforcement scene.
: How to respond to emergencies
If the person you've been negotiating with so far is the wrong person
: Why Negotiations and Legal Proceedings Must Be Conducted Simultaneously
I opened the door and there was a ton of trash!
: A waiver of movable property that must be obtained
The worst occupant who does not recognize the auction
: The belief that any situation can be resolved through established procedures
What happens when emotions get involved in brightness?
: How to vacate a property after signing a lease agreement with the occupant
Chapter 3. Claim for division of co-owned property when there are two or more owners
The thrilling experience of winning a tomb land auction
: To sell through negotiation rather than auction
How to negotiate with co-owners of land purchased through a planned real estate development project 1
: Litigation is a channel for communication and consultation with co-owners.
How to negotiate with co-owners of land purchased through a planned real estate development project (Part 2)
: The more the negotiations with the shareholders are delayed, the more relaxed you become.
Shareholders who do not wish to sell have lost contact.
: If you encounter opposition to exercising your property rights, file a lawsuit for division of shared property.
Best Selling Scenarios for Well-Managed Columbarium Land
: Check if the size is no longer divisible
Don't panic even if your shareholder dies
: Request a court order to correct the situation so that an heir can be found
Going between hell and heaven thanks to the lawyer Gong Yoo-ja
: The property rights of the successful bidder guaranteed by law
Chapter 4. If you win a share of residential real estate, file a lawsuit for division of shared property and return of unjust enrichment.
After winning the bid for the shares, the remaining shares will be auctioned off based on the judgment.
: How to properly exercise the preemptive right of co-owners
A complexly tangled special object disguised as a general stock item
: The mindset needed when investing in residential real estate
You must bid cheaply to protect your profits in any situation.
: The claim for return of unjust enrichment is filed against the person currently in possession.
There was no news of the negotiations, and the reason for attending only four hearings
: Procedures absolutely necessary after a judgment on a claim for return of unjust enrichment
In any case, you must consult with the co-owner, not the agent.
: A lawsuit for the return of unjust enrichment can be filed at the plaintiff's address.
Chapter 5 If there is another person's building on the land purchased by auction, a claim for return of unjust enrichment and a lawsuit for the demolition of the building
Building owners and land co-owners who are not on good terms
: Claim for unjust enrichment for another person's building on my land
When they threaten to use my land that I won for free
: An eye for selecting items that are likely to be easy to negotiate
There is a lien on the building and a statutory ground lease is established, but it is okay.
: Reasons why it is okay to receive compensation or not
Something that everyone avoids, but once you know it, it's not difficult.
: The fact that the other party has hired a lawyer is a green light.
Part 2: The Art of Self-Litigation: Earning 10 Million Won Unconditionally
Intro _ The Value of Self-Litigation
How to pay the balance after winning the bid
Chapter 6 Self-Applied Shared Property Division Claim Lawsuit
Drafting and filing a lawsuit for division of shared property
Calculating the amount of the claim in a lawsuit for division of shared property
How to prepare a separate list when filing a lawsuit for division of shared property
Chapter 7: Self-filed lawsuit for return of unjust enrichment
Draft and file a lawsuit for the return of unjust enrichment.
Filing a building demolition lawsuit and a lawsuit for the return of unjust enrichment simultaneously
Calculating the amount of the lawsuit in a building demolition lawsuit and a lawsuit for the return of unjust enrichment.
Chapter 8 Self-Application for Indian Orders
Apply for an extradition order on the e-litigation site
Create a separate list when ordering delivery
Check whether the extradition order has been decided
Obtain the documents required for a compulsory execution application from the electronic litigation website.
Obtain all required documents from the court when applying for compulsory execution at once.
Chapter 9: Procedures you must know when filing a complaint and proceeding with a lawsuit
Print a copy when an address correction order is issued
Obtaining a copy of the defendant's address when an address correction order is issued
Submitting an address correction form through special integrated delivery
Designate the selected party and the selected person in case of a lawsuit after receiving a joint bid
Submitting a complaint through the e-litigation site
Chapter 10: What You Need to Know to Contact the Defendant
Obtaining the defendant's full resident registration number when a copy of the defendant's certificate is not issued
If the defendant lives abroad, find out the address through the Ministry of Foreign Affairs.
Confirm the defendant's foreign address and deliver overseas.
Verify personal information, including address, using the defendant's mobile phone number.
Obtain the defendant's phone number through the defendant's issued copy.
After winning the bid, view the case records on the electronic litigation site.
Chapter 11: Procedures You Must Know When the Defendant Dies
Obtaining a compensation order for the deceased when the defendant dies
Obtaining documents related to the deceased's heirs
Apply for correction of party (defendant) indication for heir
Calculate the inheritance share by heir and modify the attached list.
Submit a revised list of attached documents according to the change in heir.
Chapter 12: Injunction against disposal of real estate to prevent transfer of ownership
Fill out the provisional disposition application on the e-litigation website.
After paying the registration license tax, enter it in the provisional disposition application form.
After paying the registration fee, enter it in the provisional disposition application form.
Obtaining registration for electronic litigation and entering the object
Chapter 13 Self-registration for transferring ownership without a legal representative
Report and pay acquisition tax and registration tax
When to purchase National Housing Bonds
Pay the registration application fee
Final check of documents for self-registration
Why You Should Read This Book: Earn 10 Million Won and Start Your Own Lawsuit
Part 1: High-yield real estate auctions with no competition, from small amounts to large amounts
Chapter 1: Special Property Investment and Self-Litigation: Easy Once You Know It
Why should you know about special items and self-litigation?
Types of litigation frequently encountered by auction investors
Special items, difficult for beginners? Not at all!
Self-Litigation: A Shortcut to Saving Money and Gaining Experience
Chapter 2: Delivery order and compulsory execution that must be issued after the successful bid
The occupant's attitude changed dramatically before and after the auction.
: Why you must use the Indian Order System
If you only believe the occupant's words, you'll get in big trouble.
: Public auction is an application for an injunction prohibiting transfer of possession at the same time as the transfer of ownership.
An unexpected stakeholder appears at the enforcement scene.
: How to respond to emergencies
If the person you've been negotiating with so far is the wrong person
: Why Negotiations and Legal Proceedings Must Be Conducted Simultaneously
I opened the door and there was a ton of trash!
: A waiver of movable property that must be obtained
The worst occupant who does not recognize the auction
: The belief that any situation can be resolved through established procedures
What happens when emotions get involved in brightness?
: How to vacate a property after signing a lease agreement with the occupant
Chapter 3. Claim for division of co-owned property when there are two or more owners
The thrilling experience of winning a tomb land auction
: To sell through negotiation rather than auction
How to negotiate with co-owners of land purchased through a planned real estate development project 1
: Litigation is a channel for communication and consultation with co-owners.
How to negotiate with co-owners of land purchased through a planned real estate development project (Part 2)
: The more the negotiations with the shareholders are delayed, the more relaxed you become.
Shareholders who do not wish to sell have lost contact.
: If you encounter opposition to exercising your property rights, file a lawsuit for division of shared property.
Best Selling Scenarios for Well-Managed Columbarium Land
: Check if the size is no longer divisible
Don't panic even if your shareholder dies
: Request a court order to correct the situation so that an heir can be found
Going between hell and heaven thanks to the lawyer Gong Yoo-ja
: The property rights of the successful bidder guaranteed by law
Chapter 4. If you win a share of residential real estate, file a lawsuit for division of shared property and return of unjust enrichment.
After winning the bid for the shares, the remaining shares will be auctioned off based on the judgment.
: How to properly exercise the preemptive right of co-owners
A complexly tangled special object disguised as a general stock item
: The mindset needed when investing in residential real estate
You must bid cheaply to protect your profits in any situation.
: The claim for return of unjust enrichment is filed against the person currently in possession.
There was no news of the negotiations, and the reason for attending only four hearings
: Procedures absolutely necessary after a judgment on a claim for return of unjust enrichment
In any case, you must consult with the co-owner, not the agent.
: A lawsuit for the return of unjust enrichment can be filed at the plaintiff's address.
Chapter 5 If there is another person's building on the land purchased by auction, a claim for return of unjust enrichment and a lawsuit for the demolition of the building
Building owners and land co-owners who are not on good terms
: Claim for unjust enrichment for another person's building on my land
When they threaten to use my land that I won for free
: An eye for selecting items that are likely to be easy to negotiate
There is a lien on the building and a statutory ground lease is established, but it is okay.
: Reasons why it is okay to receive compensation or not
Something that everyone avoids, but once you know it, it's not difficult.
: The fact that the other party has hired a lawyer is a green light.
Part 2: The Art of Self-Litigation: Earning 10 Million Won Unconditionally
Intro _ The Value of Self-Litigation
How to pay the balance after winning the bid
Chapter 6 Self-Applied Shared Property Division Claim Lawsuit
Drafting and filing a lawsuit for division of shared property
Calculating the amount of the claim in a lawsuit for division of shared property
How to prepare a separate list when filing a lawsuit for division of shared property
Chapter 7: Self-filed lawsuit for return of unjust enrichment
Draft and file a lawsuit for the return of unjust enrichment.
Filing a building demolition lawsuit and a lawsuit for the return of unjust enrichment simultaneously
Calculating the amount of the lawsuit in a building demolition lawsuit and a lawsuit for the return of unjust enrichment.
Chapter 8 Self-Application for Indian Orders
Apply for an extradition order on the e-litigation site
Create a separate list when ordering delivery
Check whether the extradition order has been decided
Obtain the documents required for a compulsory execution application from the electronic litigation website.
Obtain all required documents from the court when applying for compulsory execution at once.
Chapter 9: Procedures you must know when filing a complaint and proceeding with a lawsuit
Print a copy when an address correction order is issued
Obtaining a copy of the defendant's address when an address correction order is issued
Submitting an address correction form through special integrated delivery
Designate the selected party and the selected person in case of a lawsuit after receiving a joint bid
Submitting a complaint through the e-litigation site
Chapter 10: What You Need to Know to Contact the Defendant
Obtaining the defendant's full resident registration number when a copy of the defendant's certificate is not issued
If the defendant lives abroad, find out the address through the Ministry of Foreign Affairs.
Confirm the defendant's foreign address and deliver overseas.
Verify personal information, including address, using the defendant's mobile phone number.
Obtain the defendant's phone number through the defendant's issued copy.
After winning the bid, view the case records on the electronic litigation site.
Chapter 11: Procedures You Must Know When the Defendant Dies
Obtaining a compensation order for the deceased when the defendant dies
Obtaining documents related to the deceased's heirs
Apply for correction of party (defendant) indication for heir
Calculate the inheritance share by heir and modify the attached list.
Submit a revised list of attached documents according to the change in heir.
Chapter 12: Injunction against disposal of real estate to prevent transfer of ownership
Fill out the provisional disposition application on the e-litigation website.
After paying the registration license tax, enter it in the provisional disposition application form.
After paying the registration fee, enter it in the provisional disposition application form.
Obtaining registration for electronic litigation and entering the object
Chapter 13 Self-registration for transferring ownership without a legal representative
Report and pay acquisition tax and registration tax
When to purchase National Housing Bonds
Pay the registration application fee
Final check of documents for self-registration
Detailed image
Into the book
Since most apartments and villas are purchased through a bank loan and the balance is paid, a legal representative affiliated with the bank handles the balance payment and transfer of ownership registration.
So, in most cases, when paying the balance after winning the bid, the application for a delivery order is delegated to a legal representative, but in this case, the legal representative may request additional costs.
However, if the successful bidder conducts this process directly through the electronic litigation site, there is no need to incur additional costs, and the progress can be monitored in real time.
Additionally, if you are familiar with the methods and knowledge of self-registration, you can judge whether the estimate presented by a legal representative is appropriate or not, even if you delegate the task to him.
If you feel that the deposit or success fee is excessive, you can politely negotiate it.
--- p.25
For beginners, litigation can be difficult, and meeting strangers can be scary.
Even when we actually meet, I have no idea how to start the conversation.
However, this fear and sense of helplessness can only be controlled through practice.
I hope that you will gain practical experience by going through the entire process up to dividend distribution, as it is a small amount of equity.
The students, who are the main characters in this case, will have gained the strength to continue by experiencing that they can make a profit even with a small amount of money.
As you gain practical experience, you will become more motivated and be able to take on more diverse challenges.
As you become more adept at handling specialty items that are a little more challenging than the standard auctions of easily accessible apartments or villas, you will find yourself growing in skill by the day.
--- p.38
I believe that people are fundamentally good beings, but when the surrounding circumstances are chaotic, my mind also seems to become complicated.
Residents, whether they are the debtor or the tenant, are bound to experience a lot of stress during the auction process.
Therefore, it may not be possible to negotiate smoothly through words.
In such cases, the successful bidder needs to prepare the environment to his advantage.
In the case of an auction, the successful bidder can easily complete the title by using the delivery order system, so it is recommended to apply for a delivery order and receive a citation regardless of whether negotiations proceed or not.
--- p.50
On a very hot day, August 21st, officers, laborers, and locksmiths arrived one after another.
While I was executing the order, the owner of the cold storage warehouse in one corner of the store came and looked very flustered.
It is said that about 10 years ago, he started an ice delivery business with a deposit of 500 and a certain amount of monthly rent without a real estate contract with the previous owner.
Even though I had been renting for so long, I never heard anything from the previous owner about an auction or forced execution.
It was a situation that could have made me really angry, but thankfully it didn't come out too badly.
I asked them to demolish the cold storage warehouse and gave them a notice of eviction.
What should I do if the cold storage owner refuses to sign a eviction notice and refuses to move out? I can file a lawsuit for unjust enrichment.
If you have the skills to self-filing, you will never be swayed by stakeholders.
--- p.65
Since the co-owner was listed as born in 1924 on the register of real estate, we assumed he had passed away and prepared to find the co-owner's heir through a lawsuit for division of the co-owner's property.
In 2022, a lawsuit for division of shared property was filed.
The letter was sent and an address correction order was issued because the other party's address could not be found.
I went to the community center to get the exact address and transcript, but sure enough, the sharer was dead.
In this case, call the civil affairs department and say, “It has been confirmed that the co-owner has died in the original manuscript.
“I need to find the heir of the co-owner, so I would appreciate it if you could issue a correction order accordingly,” he said. After submitting the copy of the co-owner to the court, the court will issue a correction order to find the heir.
If you print out the original correction order and go back to the community center, they will issue all the documents that will help you find the deceased's heirs.
--- p.130~132
Because there were many cases of delays due to the coronavirus, I also submitted a request for a deadline.
That way, you can stop time from just passing by.
In Korea, trials are conducted on a written basis, so unless it is a major case, it is difficult to see the defendant and plaintiff lawyers having a great confrontation and calling out, “Your Honor!”
Cases to be dealt with that day are usually displayed on a screen outside the courtroom, with three cases assigned every 15 minutes.
That is, one case is processed every five minutes.
Many people may wonder, 'Can a verdict really be reached in less than 5 minutes?' but it really is.
The trial lasts for about five minutes, regardless of whether the defendant appears or not. In this case, the defendant, who is in the countryside, did not appear, and the plaintiff won.
Based on the judgment of this lawsuit for the return of unjust enrichment, the remaining shares could be put up for auction.
--- p.148~149
Let's learn how to calculate the total of accrued interest and annual regular payment.
For example, if you win the bid for 1/2 of an apartment and the monthly rent limit based on Naver Real Estate is 400,000 won per month with a deposit of 20 million won, in practice, it is usually calculated as monthly rent without a deposit.
Monthly rent without a deposit means that the deposit is converted into monthly rent.
As introduced in Part 1, a deposit of 10 million won is roughly equivalent to a monthly rent of 100,000 won, so a deposit of 20 million won is equivalent to 200,000 won.
If you add this amount to the monthly rent of 400,000 won, the total is 600,000 won.
The current monthly rent is for the entire apartment, so if you win the bid for half of it, it will be 300,000 won, which is half of 600,000 won.
--- p.254
After applying for an extradition order and the extradition order decision is made, you must apply for compulsory execution.
When applying for compulsory execution, you must obtain and attach documents such as an application for compulsory execution, a copy of the order for extradition, a certificate of delivery, and a writ of execution.
You can apply by visiting the bailiff's office at the relevant court (a certificate of confirmation is not required when applying for compulsory execution).
The original copy of the order of extradition and the certificate of delivery can be obtained from the electronic litigation website, or by visiting the court in person.
An execution writ must be issued by visiting the civil execution department of the relevant court.
Since the issuance of writs of execution may be handled by different departments in each court depending on the division of labor, it is recommended to check with the civil affairs office in advance.
So, in most cases, when paying the balance after winning the bid, the application for a delivery order is delegated to a legal representative, but in this case, the legal representative may request additional costs.
However, if the successful bidder conducts this process directly through the electronic litigation site, there is no need to incur additional costs, and the progress can be monitored in real time.
Additionally, if you are familiar with the methods and knowledge of self-registration, you can judge whether the estimate presented by a legal representative is appropriate or not, even if you delegate the task to him.
If you feel that the deposit or success fee is excessive, you can politely negotiate it.
--- p.25
For beginners, litigation can be difficult, and meeting strangers can be scary.
Even when we actually meet, I have no idea how to start the conversation.
However, this fear and sense of helplessness can only be controlled through practice.
I hope that you will gain practical experience by going through the entire process up to dividend distribution, as it is a small amount of equity.
The students, who are the main characters in this case, will have gained the strength to continue by experiencing that they can make a profit even with a small amount of money.
As you gain practical experience, you will become more motivated and be able to take on more diverse challenges.
As you become more adept at handling specialty items that are a little more challenging than the standard auctions of easily accessible apartments or villas, you will find yourself growing in skill by the day.
--- p.38
I believe that people are fundamentally good beings, but when the surrounding circumstances are chaotic, my mind also seems to become complicated.
Residents, whether they are the debtor or the tenant, are bound to experience a lot of stress during the auction process.
Therefore, it may not be possible to negotiate smoothly through words.
In such cases, the successful bidder needs to prepare the environment to his advantage.
In the case of an auction, the successful bidder can easily complete the title by using the delivery order system, so it is recommended to apply for a delivery order and receive a citation regardless of whether negotiations proceed or not.
--- p.50
On a very hot day, August 21st, officers, laborers, and locksmiths arrived one after another.
While I was executing the order, the owner of the cold storage warehouse in one corner of the store came and looked very flustered.
It is said that about 10 years ago, he started an ice delivery business with a deposit of 500 and a certain amount of monthly rent without a real estate contract with the previous owner.
Even though I had been renting for so long, I never heard anything from the previous owner about an auction or forced execution.
It was a situation that could have made me really angry, but thankfully it didn't come out too badly.
I asked them to demolish the cold storage warehouse and gave them a notice of eviction.
What should I do if the cold storage owner refuses to sign a eviction notice and refuses to move out? I can file a lawsuit for unjust enrichment.
If you have the skills to self-filing, you will never be swayed by stakeholders.
--- p.65
Since the co-owner was listed as born in 1924 on the register of real estate, we assumed he had passed away and prepared to find the co-owner's heir through a lawsuit for division of the co-owner's property.
In 2022, a lawsuit for division of shared property was filed.
The letter was sent and an address correction order was issued because the other party's address could not be found.
I went to the community center to get the exact address and transcript, but sure enough, the sharer was dead.
In this case, call the civil affairs department and say, “It has been confirmed that the co-owner has died in the original manuscript.
“I need to find the heir of the co-owner, so I would appreciate it if you could issue a correction order accordingly,” he said. After submitting the copy of the co-owner to the court, the court will issue a correction order to find the heir.
If you print out the original correction order and go back to the community center, they will issue all the documents that will help you find the deceased's heirs.
--- p.130~132
Because there were many cases of delays due to the coronavirus, I also submitted a request for a deadline.
That way, you can stop time from just passing by.
In Korea, trials are conducted on a written basis, so unless it is a major case, it is difficult to see the defendant and plaintiff lawyers having a great confrontation and calling out, “Your Honor!”
Cases to be dealt with that day are usually displayed on a screen outside the courtroom, with three cases assigned every 15 minutes.
That is, one case is processed every five minutes.
Many people may wonder, 'Can a verdict really be reached in less than 5 minutes?' but it really is.
The trial lasts for about five minutes, regardless of whether the defendant appears or not. In this case, the defendant, who is in the countryside, did not appear, and the plaintiff won.
Based on the judgment of this lawsuit for the return of unjust enrichment, the remaining shares could be put up for auction.
--- p.148~149
Let's learn how to calculate the total of accrued interest and annual regular payment.
For example, if you win the bid for 1/2 of an apartment and the monthly rent limit based on Naver Real Estate is 400,000 won per month with a deposit of 20 million won, in practice, it is usually calculated as monthly rent without a deposit.
Monthly rent without a deposit means that the deposit is converted into monthly rent.
As introduced in Part 1, a deposit of 10 million won is roughly equivalent to a monthly rent of 100,000 won, so a deposit of 20 million won is equivalent to 200,000 won.
If you add this amount to the monthly rent of 400,000 won, the total is 600,000 won.
The current monthly rent is for the entire apartment, so if you win the bid for half of it, it will be 300,000 won, which is half of 600,000 won.
--- p.254
After applying for an extradition order and the extradition order decision is made, you must apply for compulsory execution.
When applying for compulsory execution, you must obtain and attach documents such as an application for compulsory execution, a copy of the order for extradition, a certificate of delivery, and a writ of execution.
You can apply by visiting the bailiff's office at the relevant court (a certificate of confirmation is not required when applying for compulsory execution).
The original copy of the order of extradition and the certificate of delivery can be obtained from the electronic litigation website, or by visiting the court in person.
An execution writ must be issued by visiting the civil execution department of the relevant court.
Since the issuance of writs of execution may be handled by different departments in each court depending on the division of labor, it is recommended to check with the civil affairs office in advance.
--- p.290
Publisher's Review
Special property investors who know how to self-litigate,
The best combination to make money from real estate auctions!
Unable to overcome the burden of high interest rates, valuable items are pouring into the auction market.
2024 is a good year to jump into auctions with confidence.
However, easy items are highly competitive and have high prices, making it difficult to enjoy the benefits of auction investment.
Let's remember the investing adage, "Opportunity lies in the neglected."
So-called special properties with complicated rights relationships are often ignored by many investors due to the perception that they are 'difficult' and 'if done wrong, it could be a disaster.'
I think this is an area that only experts can do.
But this is not true.
Even beginners can cope well if they learn a few problem-solving patterns.
CEO Yoo Geun-yong, a seven-year veteran investor with assets in the tens of billions of won, found a breakthrough in his life through auctions of special items such as stocks, and achieved his current success.
This is because, in the early stages of investment, the field where you could make money with a small amount of investment was special items.
This remains unchanged even today.
The field where you can achieve the best investment performance with a small amount of seed money is special auctions.
What he realized through his practical experience in investing in specialty items is that there are 'easy specialty items'.
There are special items that may seem difficult, cumbersome, and complicated because you don't know how to use them, but even beginners can do them.
And the more I invested, the more I came to believe that there was no problem that the successful bidder could not solve, the more I felt confident that only the successful bidder could resolve the tangled rights relationship, and the more I believed that the law guaranteed the successful bidder's property rights.
This book was written to share my insights and know-how with serious investors like myself who want to turn their lives around through auctions.
In auction investment, winning the bid is important, but the process of resolving problems after winning the bid is also very important.
Auction investment presents issues that must be resolved, such as the title and forced execution that must be carried out after the successful bid, when there are two or more co-owners, when there are other people's buildings on my land, and when there is no agreement with the interested parties.
Given the nature of auctions, which are prone to legal procedures, what would be the rate of return if a legal representative or lawyer were to be appointed to resolve the matter each time?
If you want to make a quick profit with a small amount of money, you just need to be familiar with a few common lawsuits that you will encounter during the auction process.
This refers to a method of filing a necessary lawsuit and reaching an agreement on an electronic litigation website.
In fact, it is not very common for auction investments to go all the way to a lawsuit.
Most of them use it as a communication channel to meet with stakeholders and negotiate, and if an agreement is reached, the lawsuit is often withdrawn.
Therefore, knowing how to use the litigation process means that you can take the initiative in negotiations and increase your negotiating power.
If you're wondering if it's possible even without a law degree, I highly recommend reading this book.
It explains step-by-step, from actual cases to the click order of using the electronic litigation site, so all you have to do is follow along.
You will have a powerful weapon for high-yield investing.
The ability to solve problems after winning an auction is the skill that will soon secure the first profit.
Auction answer sheet that turns your costs into profits if you follow it step by step!
This book is divided into two parts.
Part 1 features 23 auction investment case studies and insights from successful investors.
It includes not only CEO Yoo Geun-yong's investment experience but also the investment cases of his students.
Even beginners can do it, and you will find that they are doing it.
This is because the types of legal procedures and lawsuits that auction investors frequently encounter are limited.
These include orders for delivery and enforcement, lawsuits for division of shared property, lawsuits for return of unjust enrichment, and lawsuits for building demolition.
Through related investment cases, we will be able to take a closer look at how negotiations are conducted and problems are resolved in practice.
You will also learn the fundamentals of auction investing by learning the perspective and mindset of investors who profit in any situation.
In Part 2, you will learn the techniques of self-litigation.
Learn specific methods for applying for and carrying out the legal procedures presented in Part 1.
If an agreement cannot be reached with the person occupying the property, a delivery order and compulsory execution must be pursued.
If the possessor is a co-owner of the property, he or she can file a lawsuit for division of the co-owned property and a lawsuit for return of unjust enrichment.
If there is another person's building on my land, I can file a lawsuit for the return of unjust enrichment and a lawsuit for the demolition of the building.
But let's consider what would happen if you couldn't do this procedure yourself and instead delegated it to a legal practitioner or lawyer.
Starting with the cost of writing the petition, additional costs are added for writing the necessary documents at each stage of the process.
If the judgment must be followed by execution, the costs for execution will be charged separately.
It can cost up to a million won to resolve a single issue.
To prepare for these situations and protect your profits, you need to learn self-defense.
This book contains everything from the order of clicking on the menus on the electronic litigation site for filing a lawsuit, to sample petitions, and how to prepare the attached documents required for each lawsuit.
It also details how to respond to situations that may arise at any time when investing in an auction, such as when you want to communicate with a stakeholder but do not know their contact information, or when a shareholder has passed away or resides overseas.
You can solve all of this yourself through the e-litigation site, and this book contains all the methods to do so.
In addition, it includes methods for paying the balance after a successful bid, procedures for applying for a real estate disposal prohibition injunction on one's own, and self-registration methods for transferring ownership.
This book is like an answer sheet for auction investment that returns all costs as profits.
If you continue to invest in auctions like this, you will easily be able to earn 10 million won more.
If you want to invest and make money before you even know your final return, don't miss this book.
The best combination to make money from real estate auctions!
Unable to overcome the burden of high interest rates, valuable items are pouring into the auction market.
2024 is a good year to jump into auctions with confidence.
However, easy items are highly competitive and have high prices, making it difficult to enjoy the benefits of auction investment.
Let's remember the investing adage, "Opportunity lies in the neglected."
So-called special properties with complicated rights relationships are often ignored by many investors due to the perception that they are 'difficult' and 'if done wrong, it could be a disaster.'
I think this is an area that only experts can do.
But this is not true.
Even beginners can cope well if they learn a few problem-solving patterns.
CEO Yoo Geun-yong, a seven-year veteran investor with assets in the tens of billions of won, found a breakthrough in his life through auctions of special items such as stocks, and achieved his current success.
This is because, in the early stages of investment, the field where you could make money with a small amount of investment was special items.
This remains unchanged even today.
The field where you can achieve the best investment performance with a small amount of seed money is special auctions.
What he realized through his practical experience in investing in specialty items is that there are 'easy specialty items'.
There are special items that may seem difficult, cumbersome, and complicated because you don't know how to use them, but even beginners can do them.
And the more I invested, the more I came to believe that there was no problem that the successful bidder could not solve, the more I felt confident that only the successful bidder could resolve the tangled rights relationship, and the more I believed that the law guaranteed the successful bidder's property rights.
This book was written to share my insights and know-how with serious investors like myself who want to turn their lives around through auctions.
In auction investment, winning the bid is important, but the process of resolving problems after winning the bid is also very important.
Auction investment presents issues that must be resolved, such as the title and forced execution that must be carried out after the successful bid, when there are two or more co-owners, when there are other people's buildings on my land, and when there is no agreement with the interested parties.
Given the nature of auctions, which are prone to legal procedures, what would be the rate of return if a legal representative or lawyer were to be appointed to resolve the matter each time?
If you want to make a quick profit with a small amount of money, you just need to be familiar with a few common lawsuits that you will encounter during the auction process.
This refers to a method of filing a necessary lawsuit and reaching an agreement on an electronic litigation website.
In fact, it is not very common for auction investments to go all the way to a lawsuit.
Most of them use it as a communication channel to meet with stakeholders and negotiate, and if an agreement is reached, the lawsuit is often withdrawn.
Therefore, knowing how to use the litigation process means that you can take the initiative in negotiations and increase your negotiating power.
If you're wondering if it's possible even without a law degree, I highly recommend reading this book.
It explains step-by-step, from actual cases to the click order of using the electronic litigation site, so all you have to do is follow along.
You will have a powerful weapon for high-yield investing.
The ability to solve problems after winning an auction is the skill that will soon secure the first profit.
Auction answer sheet that turns your costs into profits if you follow it step by step!
This book is divided into two parts.
Part 1 features 23 auction investment case studies and insights from successful investors.
It includes not only CEO Yoo Geun-yong's investment experience but also the investment cases of his students.
Even beginners can do it, and you will find that they are doing it.
This is because the types of legal procedures and lawsuits that auction investors frequently encounter are limited.
These include orders for delivery and enforcement, lawsuits for division of shared property, lawsuits for return of unjust enrichment, and lawsuits for building demolition.
Through related investment cases, we will be able to take a closer look at how negotiations are conducted and problems are resolved in practice.
You will also learn the fundamentals of auction investing by learning the perspective and mindset of investors who profit in any situation.
In Part 2, you will learn the techniques of self-litigation.
Learn specific methods for applying for and carrying out the legal procedures presented in Part 1.
If an agreement cannot be reached with the person occupying the property, a delivery order and compulsory execution must be pursued.
If the possessor is a co-owner of the property, he or she can file a lawsuit for division of the co-owned property and a lawsuit for return of unjust enrichment.
If there is another person's building on my land, I can file a lawsuit for the return of unjust enrichment and a lawsuit for the demolition of the building.
But let's consider what would happen if you couldn't do this procedure yourself and instead delegated it to a legal practitioner or lawyer.
Starting with the cost of writing the petition, additional costs are added for writing the necessary documents at each stage of the process.
If the judgment must be followed by execution, the costs for execution will be charged separately.
It can cost up to a million won to resolve a single issue.
To prepare for these situations and protect your profits, you need to learn self-defense.
This book contains everything from the order of clicking on the menus on the electronic litigation site for filing a lawsuit, to sample petitions, and how to prepare the attached documents required for each lawsuit.
It also details how to respond to situations that may arise at any time when investing in an auction, such as when you want to communicate with a stakeholder but do not know their contact information, or when a shareholder has passed away or resides overseas.
You can solve all of this yourself through the e-litigation site, and this book contains all the methods to do so.
In addition, it includes methods for paying the balance after a successful bid, procedures for applying for a real estate disposal prohibition injunction on one's own, and self-registration methods for transferring ownership.
This book is like an answer sheet for auction investment that returns all costs as profits.
If you continue to invest in auctions like this, you will easily be able to earn 10 million won more.
If you want to invest and make money before you even know your final return, don't miss this book.
GOODS SPECIFICS
- Date of issue: March 29, 2024
- Page count, weight, size: 476 pages | 804g | 165*235*18mm
- ISBN13: 9791157847303
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