Secondly: explain the installment payment.
Generally speaking, installment payment refers to a loan from a bank. After the eligible offspring, you pay the money to the owner first, and then you pay it back to the bank in installments. This installment depends on your conditions and bank policies, and there is an extra charge: bank interest. Of course, even if you don't borrow money to buy a house, not all the money will be paid to the owner at one time. You will pay down payment or down payment first, and then give the rest of the money to the owner when certain conditions are met (such as the day after the transfer). This kind of staging time requires you to negotiate with the owner, and the increase in cost depends on communication with the owner.
Yishoufang process:
1. Sign the subscription book (pay the deposit)
2. Sign the sales contract (down payment) within the agreed time limit.
3, for loans (see the requirements of developers, generally have the following two kinds:
(1) Sign a sales contract to handle the loan. After the loan is approved, you need to start paying the monthly payment.
(2) When the building structure is capped or the house is handed over, apply for a loan, then release the loan, and you start to repay the loan on a monthly basis. The start time of monthly payment in these two ways is different, mainly depending on the agreement between you and the developer, and it is difficult to talk about the conditions with the developer in the market at present)
4. House delivery (payment of deed tax, etc.)
5. The developer acts as the agent of the house-the bank handles the mortgage of the house-
6. You got the room book.
Second-hand housing process:
1. Sign a sales contract with the owner and pay the down payment (I agree) or down payment (house price-appraised price *70%).
2. If the owner has a loan, agree on the time limit for his repayment.
3. Go through the loan procedures. Because the transaction price of the second-hand housing loan is agreed by the buyer and the seller, in order to reduce the risk, the bank will entrust an evaluation company to evaluate the property. There are one set of loans: 70% of the appraised price and the other set is 50% of the appraised price. Therefore, second-hand housing is generally just how much you can borrow, and the rest is your down payment.
4. After the loan is approved, you go through the formalities of property right transfer with the owner.
The bank will lend money to the owner after the mortgage registration for your property.
6. Hand over the house, pay the final payment to the owner after self-inspection, and get the real estate license from the bank.