Of course, the answer is yes. If you want to sell, you must first make sure that you have a real estate license. The second-hand market transactions are mainly based on real estate warrants. Only holding a real estate license can be listed and traded. Without real estate license, it means that there is no property right, and it is impossible to handle the transfer procedures, so it is impossible to buy and sell the corresponding houses. The houses with outstanding loans are basically still mortgaged and cannot be listed and traded.
However, this is not completely impossible. Housing transactions are still possible. Here are some ways to help you complete your home transaction.
I. Re-mortgage
This is the simplest and most direct method. What does refinancing mean? Refers to the sale or transfer of personal housing to a third party to apply for personal housing loans, change the loan term, change the borrower or change the collateral loan. However, few banks can handle mortgage transfer, so this is the way to transfer houses.
Different banks have different rules. Some banks can handle it and some banks can't. There are also mortgage transfers, which are generally handled through intermediary companies. So, if you have this intention, you can consult the relevant departments.
2. Pay off the remaining loans with the down payment of the buyers.
This is the most common second-hand housing transaction. This model is only applicable to the situation that the seller's loan amount is low or the seller has repaid more than half of the loan, and the remaining loan amount is small, and the buyer has enough funds to pay the down payment.
Generally speaking, at this time, the down payment paid by the buyer will be the outstanding loan amount of the seller. In this case, the seller can successfully cancel the mortgage record of his own property, thus successfully transferring his own house.
Three, the use of bank loans to pay off the remaining loans
If the above two methods fail, the seller can consider using other mortgages in his own name to solve his own property mortgage. In this method, when the buyer wants to pay off the loan before selling the property, and the seller does not bear a large down payment, a necessary prerequisite is that the buyer has collateral recognized by the bank and applies to the bank.
In this way, the buyer can get a sum of money through the mortgage bank to repay the mortgaged property, thus promoting the success of the transaction. Although this method is suspected of robbing Peter to pay Paul, it is a good emergency method. Collateral can wait until the seller pays the house price, pays off the bank mortgage and gets back the collateral.