Mortgaged house refers to the commercial house purchased by the last family through mortgage and the loan has not been paid off. The main feature of a mortgaged house is that the property right of the house is mortgaged to the bank, and the property owner may not sell the house without authorization.

Mortgage: There are two forms: legal mortgage and legitimate mortgage. Legal mortgage: refers to the transfer of existing real estate to the mortgagee as repayment guarantee; Righteous mortgage is to transfer the future real estate (such as uncompleted residential flats) to the mortgagee as a repayment guarantee.

You can refinance the loan.

Mortgage-to-mortgage transaction refers to the transfer of the loan owed by the property owner (pictured above) to the next residence, the original mortgage relationship is dissolved, and the house purchased at the next residence is mortgaged to the bank again.

situation

This transfer must meet the following conditions:

1. Allow mortgage banks to repay loans in advance and start lending business, and designate lending guarantee institutions;

2. The buyer has the loan conditions stipulated by the bank;

The buyer's loan amount is limited. Generally speaking, if the buyer intends to borrow more or significantly less than the mortgage amount, it will be difficult to succeed.

Transaction processing

The transaction process can be summarized as: agency-preliminary examination-signing a sales contract-applying for remortgage-mortgage transfer.

Extended data:

refinancing risk

The risk of the next house is low, but the transaction cycle is relatively long, and it usually takes one month to one and a half months to review the mortgage. After the approval, you can go through the refinancing procedures.

In the transaction process, the risks of banks are mainly absorbed through their own financial service processes and mortgage guarantee institutions. Secondly, domestic risks are mainly prevented through intermediaries and contractual agreements.

How to guard against risks

First of all, when the signing deposit is collected, the intermediary entrustment contract will soon be converted into an agreement mortgage.

Secondly, in the preliminary examination, the intermediary institutions focus on the bank's review of mortgage loans, whether the customer meets the requirements of bank loan conditions, the loans that the customer needs to transfer, and whether the property rights of mortgage loans are clear and so on.

Finally, when signing a contract, the liability for breach of contract should be clearly stipulated, and the agreed amount of liquidated damages is generally higher than that of general transactions.

References:

Baidu encyclopedia-mortgage house