Can the house be sold if the loan has not been repaid?

The house can be sold if the loan has not been repaid. According to the relevant national laws and regulations, it can be known that the loan on the house has not been paid off. If the homeowner wants to sell the house, he can use the following three methods: First, the buyer must pay off the remaining loan. Second, remortgage the home loan. Third, the loan is “redeemed”. Legal basis: Article 38 of the "Urban Real Estate Management Law of the People's Republic of China" The following real estate shall not be transferred: land use rights obtained by transfer do not meet the conditions stipulated in Article 39 of this Law; Judicial and administrative organs rule, decide to seal up or otherwise restrict real estate rights in accordance with the law; take back land use rights in accordance with the law; own real estate without the written consent of other parties; the ownership is in dispute; Registration and receipt of ownership certificates in accordance with the law; other circumstances where transfer is prohibited by laws and administrative regulations.

Can the house be sold before the loan is repaid?

The house can be sold before the loan is repaid. The first method is to remortgage. The second method is to use the buyer’s down payment to pay off the remainder of the loan. The third method is to use a bank loan to pay off the remaining loan.

Can be remortgaged. Selling or transferring a personal home to a third party and applying for a personal home loan to change the loan period, change the borrower or change the collateral. Generally speaking, in the second-hand housing transaction, a personal housing is sold or transferred to a third party to apply for a personal housing loan to change the borrowing period, change the borrower or change the collateral.

Use the buyer’s down payment to pay off the remaining loan. This is the most commonly used model in current second-hand housing transactions. This model is suitable for situations where the original homeowner's loan amount is low or the original homeowner has repaid most of the loan and the remaining loan amount is not large. The buyer will agree to a down payment of 30% to 40% of the total transaction value of the property. The seller can use the buyer's down payment to pay off the remaining loan and then cancel the mortgage registration of the property to proceed with the transaction.

Use a bank loan to pay off the remaining loan. If neither of the above options works, the seller may consider using collateral in their name to settle the mortgage. If the seller wants to pay off the loan before selling the property, or the buyer is unwilling to purchase the property with an outstanding loan, but only if the homeowner has bank-approved collateral to apply for a loan from the bank. The homeowner borrows money from a bank against the mortgage to pay for the sale of the property.

Extended information:

Second-hand housing transactions refer to those that have been filed with the real estate trading center, completed initial registration and general registration, and are listed again for trading. Second-hand housing trading is now a very active phenomenon in big cities such as Beijing, Shanghai, and Shenzhen, and its development prospects are considerable.

Second-hand houses are relative to commercial houses in the hands of developers. They are commonly known as the secondary market for real estate property rights transactions, including commercial houses, second-hand public houses that are allowed to be listed and traded, distress relief houses, demolished houses, and self-built houses. , affordable housing, price-limited housing.

Baidu Encyclopedia? Second-hand house transactions

Can the house be sold before the loan is paid off?

You cannot buy or sell the house until the loan is paid off.

Buying a house with a loan actually means mortgaging the house to the bank. If the loan is not repaid, the bank is the mortgagee of the house, and the house can only be bought and sold after the mortgage is released. If the loan bank cannot remortgage the loaned house, you will have no choice but to pay off the mortgage, because you cannot buy or sell without a property title certificate.

Can I sell my house if my mortgage has not been repaid?

You can buy or sell a house with an unpaid mortgage.

According to the provisions of Article 38 of the "Urban Real Estate Management Law", the following real estate shall not be transferred:

Obtaining land use rights by transfer does not comply with Article 3 of this Law The conditions stipulated in Article 19;

Judiciary and administrative organs rule, decide to seal up or otherwise restrict real estate rights in accordance with the law;

Recover land use rights in accordance with the law;

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***Has property rights to the house without the written consent of other people;

The ownership is in dispute;

Failure to register and receive the ownership certificate in accordance with the law;< /p>

Other circumstances prohibiting transfer under laws and administrative regulations.

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