The first step in buying a house is to look at the house. After the buyer takes a fancy to the house he wants to buy, then the next step is for the buyer and the seller to negotiate the price. Once the price is negotiated, they can sign a house purchase contract and then go through the loan formalities.

2. Conduct real estate appraisal.

Second-hand houses purchased by loans need to go through real estate assessment, and real estate assessment of second-hand houses is a very important step. Second-hand housing evaluation is mainly to determine the down payment that buyers need to pay. Under normal circumstances, real estate appraisal needs to find an appraisal company, which takes about 5 ~ 7 working days.

3. Apply for a loan from the bank

After the evaluation of second-hand houses, buyers need to apply for loans. There are several ways of second-hand housing loans, either provident fund loans or commercial loans. However, if you want to apply for a second-hand housing loan in the bank, then both buyers and sellers must go to the scene and bring all the information. Take personal information with you when buying a house. When selling a house, you should also bring relevant real estate information. After filling in the second-hand housing loan application form, the bank will contact the designated real estate appraisal agency to conduct house inspection and evaluation.

4. Bank audit

After the buyer submits the loan application, he needs to wait for the bank to review it. When the buyer submits funds to the bank, the bank will review the information submitted by the buyer. Generally speaking, the bank calculates the loan amount according to the evaluation value of the evaluation agency. Of course, the premise must be that the bank has reviewed your loan qualification and passed it if it meets the conditions.

5. Submit a transfer application

After the loan application comes down, if both the buyer and the down payment are paid, you need to submit an application for transfer. When handling the transfer, the buyer and the seller need to be present at the same time. Buyers and sellers need to apply to the real estate management department with real estate ownership certificate, legal certificate of the parties, transfer contract and other related documents, and declare the transaction price and take the form of acceptance.

6. Apply for real estate license

Before handling the real estate license, buyers need to pay relevant taxes and fees. After paying the property tax, both parties can start to apply for the real estate license. The real estate management department will issue a new property title certificate for the buyers, but both parties need to go to the real estate management department to get the property title certificate with the transfer procedures.

7. Bank loans

Property buyers can go to the bank to apply for real estate mortgage after completing the transfer and getting the real estate license. After the property is mortgaged, the bank will put the money into the account designated by the buyer, usually directly to the seller's account, and repay the mortgage on a monthly basis according to the contract. It should be noted that there may be insurance premiums or handling fees in the process of handling real estate property certificates, which will be different for different banks.