Taking this house as a mortgage loan, banks have the right to realize the mortgage right, and many banks are unwilling to do so because of the complicated procedures. Provisions of the Supreme People's Court on People's Courts Enforcing Mortgaged Houses Article 1 A people's court may seal up the houses that have been mortgaged according to law and, upon the application of the mortgagee, auction, sell off or pay off debts according to law.

In addition, Article 2 The people's court shall give the person subjected to execution a grace period of six months after ruling that the house mortgaged by the person subjected to execution and his dependents is auctioned, sold or paid off according to law. During this period, the person subjected to execution shall vacate the house voluntarily, and the people's court shall not force the person subjected to execution and his dependents to move out of the house.