There are two ways to redeem second-hand property: quota redemption and cash redemption.

1. Loan redemption: apply to the bank for short-term loan recovery in the name of the owner, with the guarantee company as the guarantor. After the property is transferred, the down payment or the final payment should be paid back to the short-term loan. This charging standard is generally 65,438+0.2% of the guaranteed amount+default interest for early repayment agreed in the original loan contract+short-term loan interest (about 65,438+0% of the loan amount within one month). Take the guarantee period 1 ten thousand yuan as an example,100000x1.2%+100000x1%+agreed penalty interest = 22000+ agreed penalty interest.

2. Redemption of the building in cash: borrowing from the guarantee company in the name of the owner, and repaying the loan from the guarantee company with the down payment or the final payment received after the transfer of property rights. Such fees are calculated according to the length of payment. The longer the time, the higher the score, 2% for 20 days and 2.5% for 30 days. Take the loan of 6,543.8+0,000 yuan a month as an example, 654.38+0,000,000 x 2.5%+agreed penalty interest = 25,000+agreed penalty interest.

Note: If the owner or borrower's credit information is poor, the cost will be higher according to different situations, which will seriously lead to no guarantee company willing to guarantee and lend.