The mortgage is not paid, and the down payment is not paid.
If you can't pay the down payment, you won't pay it back, because the mortgage is the relationship between the lender and the bank, and it has nothing to do with the developer. Developers need to implement the down payment.
After the average buyer is unable to repay the mortgage, if the loan cannot be recovered, the bank will take back the house and auction it. Basically, the auction funds will be used to deduct the loans owed by the buyers, and the remaining funds will be returned to the buyers.
The loan rejection certificate has been filed. Can the Blackroom Authority approve the check-out?
The loan refusal certificate is a registered black account, and the Housing Authority can approve the return of the house. In this case, it does not meet the criteria for applying for a loan, so you can only return a house and cannot apply for a loan.
Do I have to have a bank loan rejection certificate to check out?
There is no need to prove that the bank refused the loan. Generally speaking, whether you can return a house after buying a house depends on the content of the purchase contract. If the contract stipulates to return a house, refer to the contract. Where liquidated damages are agreed, the breaching party shall also bear the corresponding liability for compensation.
legal ground
People's Republic of China (PRC) Civil Code
Article 186 If a party breaches the contract and damages the personal rights and property rights of the other party, the injured party has the right to choose to ask it to bear the liability for breach of contract or tort.
Article 458. Possession due to contractual relationship, etc. The use, income and liability for breach of contract of real estate or chattel shall be in accordance with the contract; If the contract is not stipulated or clearly stipulated, it shall be implemented in accordance with relevant laws and regulations.
Extended data
People's Republic of China (PRC) Civil Code
Article 465 A lawfully formed contract shall be protected by law.
A legally established contract is legally binding only on the parties, except as otherwise provided by law.
Article 466 If the parties have disputes over the understanding of the terms of the contract, they shall determine the meaning of the disputed terms in accordance with the provisions of the first paragraph of Article 142 of this Law.
Where a contract text is concluded in two or more languages, and the agreement is equally authentic, the words used in each text shall have the same meaning. If the words and expressions used in each text are inconsistent, they shall be interpreted according to the relevant terms, nature, purpose and principle of good faith of the contract.
Article 467 The provisions of the General Provisions of this Part shall apply to contracts not expressly provided for in this Law or other laws, and reference may be made to the most similar contracts or other laws in this part.
Chinese-foreign joint venture contracts, Chinese-foreign cooperative operation contracts and Chinese-foreign cooperative exploration and development contracts in People's Republic of China (PRC) shall be governed by the laws of People's Republic of China (PRC).
Article 468 The legal provisions concerning the creditor-debtor relationship shall apply to the creditor-debtor relationship not arising from the contract; Where there are no provisions, the relevant provisions of these General Rules shall apply, except those that cannot be applied according to their nature.