Ways of buying and selling houses with loans:

1, remortgage

If there are still outstanding loans in the sale of second-hand houses, then buyers and sellers can go through the re-mortgage procedures when conducting second-hand housing transactions. Re-mortgage refers to the owner's intention to sell or transfer the house to a third person in order to apply for changes in the loan. But the limitation of this method is that few banks accept this kind of business.

2. The buyer pays the house price in advance.

If buyers and sellers trust each other, they can negotiate to pay off the mortgage loan of the house with the down payment paid by the buyers. This model is suitable for homeowners with low loan amount or most loans have been paid off, leaving only a small amount of loans. In the process of second-hand housing transaction, the buyer will agree to pay 30%-40% of the total turnover of the property in advance. In this case, the seller can choose to pay off the remaining loan with the buyer's down payment, and then apply to the bank for cancellation of the mortgage registration of the property, so that the next transaction can be carried out.

3. Loan repayment

Sellers can also borrow money from relatives and friends around them for a period of time to repay the remaining loans. After successfully handling the mortgage cancellation and transfer procedures, they can successfully sell the house and then return the money to their relatives and friends. This is a more convenient and quick way. You can also borrow a certain amount of money from the bank through mortgage loan to pay off the real estate loan you want to sell, and then pay off the bank mortgage loan after the buyer pays off the full amount.