1. Before the transaction, we must first confirm the ownership of the house and whether the bank is allowed to repay the loan in advance.
2. Know whether the seller is a rare owner of the house. If the property owner is a couple or more people, the consent of the property owner is required.
3. If the seller asks the buyer to repay the loan before the transfer, the payment method must be agreed first, and the amount of the loan repaid by the buyer for the seller must be carefully determined. The repayment and transfer period should also be clearly agreed and not vague.
4. If the transaction is conducted through an intermediary, the core lies in how to sign the contract. In the contract, there are generally clear provisions on the ownership and price of the house, the way of bearing taxes and fees, the way of payment, the delivery period and the liability for breach of contract, so as to restrain the behavior of the three parties and avoid unnecessary disputes.
In addition to the homeowner's own mortgage repayment, you can also find a buyer who can pay the full amount. By leaving the last payment in the transaction, the homeowner pays off the loan with the money paid in advance, and then changes his name to transfer ownership.
But in this case, the buyer can only pay the full amount in one lump sum and cannot apply for a loan from the bank. For the amount of the balance, the buyer and the seller can negotiate specifically, and specify the balance and how to rename it in the sales contract. However, there are great risks in the sale of houses with outstanding loans. The buyer and the seller sign a tripartite agreement through an intermediary, and write the negotiation results into a supplementary agreement to avoid risks as much as possible.
It is suggested that for the house without property right certificate, the buyer only buys the right to use the house, and the ownership of the house is still in the name of the seller. Therefore, if both the buyer and the seller want to reduce the risk, especially the buyer's risk, then the liability for breach of contract that does not assist in renaming in the future must be specified in the contract, and a certain balance must be left. It is best for a third-party intermediary company to participate in the signing of a tripartite contract.