Whether a mortgage loan can be applied for a demolished house depends on whether the demolished house has obtained a land use right certificate and a house ownership certificate. Generally speaking, a mortgage loan can be applied for after the resettlement person obtains the land use right certificate and house ownership certificate. Procedures must be followed, but it must exceed the time stipulated in local policies before it can be transferred or mortgaged.

Notes on demolition and resettlement housing transactions

1. Pay attention to the price

Most demolition and resettlement houses are purchased after a demolition and resettlement agreement has been signed but the house has not yet been delivered. Under the circumstances of transfer and sale. Since there is a long gap between the conclusion of the resettlement agreement and the delivery of the house, and the changes are large, especially if the price continues to rise, the price may be different when the house is handed over. The demolished households believe that their interests have been lost, so they refuse to hand over the house and demand a rise in price. price, eventually leading to intensified conflicts between the two parties and litigation.

2. Pay attention to the real estate certificate

If the land for the resettlement housing is state-owned, you can get the real estate certificate. If it is fund-raising land, you have to get the real estate certificate. The sale and purchase of resettlement houses with a real estate certificate is legal. If there is no real estate certificate, it is a house with small property rights, and the home buyer will not have a real estate certificate. Once the owner reneges, the rights and interests of the home buyer will not be protected.

3. Pay attention to the owner of the property rights

It cannot be ruled out that some demolished resettlement houses still have owners, and the owners are also the creators of risks in housing transactions. They find loopholes in the contract to evade legal responsibilities to pursue their own interests, or set up obstacles to the performance of the contract. The source and ownership of the demolition house sales contract are clear when it is concluded. If the demolition household claims that the contract is invalid, this behavior violates the principle of good faith and will bring risks to the resettlement house sale.

4. Pay attention to the notarization procedures

When purchasing a resettlement house, in order to avoid disputes over daily settlement, buyers should try their best to have the house notarized.

Especially for resettlement houses that have not yet been built, the risk is even greater. Although the buyer and seller can know the approximate location of the house, they cannot determine the specific structure, orientation, community environment, etc. of the resettlement house after it is built. Transfer procedures will also take longer. Therefore, when purchasing such a property, it is crucial to sign a valid and operable sales contract and have it notarized.