Can I apply for a renovation loan for a resettlement house?

Can I apply for a renovation loan for a resettlement house? According to relevant regulations, only when the resettlement house has been purchased for 5 years and the real estate certificate has been fully obtained can you apply for a loan. Therefore, the prerequisite for applying for a loan for a resettlement house is that the resettlement house has obtained a property ownership certificate. In addition, because the requirements vary from place to place, the loan company also has other conditions that must be implemented according to its regulations. Generally speaking, the borrower must have a good job income and sufficient repayment ability. What is the specific process for purchasing a resettlement house?

1. Verification of information

Resettlement houses have certain regulations for buyers, so the identity of the buyer needs to be verified. If the buyer belongs to the expropriated person, he/she must provide the original ID card, the original "Expropriation Compensation and Resettlement Agreement" and the original "House Selection Sequence Number"; if the house buyer is the trustee of the expropriated person, he/she needs to show the identity of the trustee. The original or photocopy of the certificate, the power of attorney completed by the notary office and the originals of the "Expropriation Compensation and Resettlement Agreement" and "House Selection Sequence Number"; if the purchaser is the legal heir of the expropriated person, he must provide the valid identity of the decedent. The original household registration booklet, the original ID card of the heir, the notarized relevant certificates of the inherited property, the original "Expropriation Compensation and Resettlement Agreement" and the original "House Selection Sequence Number".

2. Confirmation of house selection

The staff will call the names in the order of the house selection number, and the person who is called will choose the house on site. The buyer will choose according to the total area he should enjoy. After settling into a house, you can sign the "House Number Confirmation Form".

3. Fair public announcement

The whole process of house selection will be carried out fairly by the staff of the notary office. Relevant personnel will supervise the whole process of house selection to ensure that the whole process is public and fair. , fully transparent, and the housing selection status will be announced in real time, and the entire housing selection process will be supervised and reported.

4. Liquidation and collection of houses

The purchaser should present the "House Number Confirmation Form" and "House Selection Confirmation and Approval Form", along with the original ID card or power of attorney, and the identity of the trustee The original certificate must be submitted to the fund settlement team within 10 days to apply for the settlement of the house price difference and receive the "House Receipt Slip". With the "House Receipt Slip", go to the affiliated community property management office to apply for the resettlement house handover procedures and receive the resettlement house. Key. Once problems with the internal decoration and water and electricity engineering equipment of the resettlement house are discovered, they can be reported and dealt with to the property management office of the affiliated community within 7 days. What are the advantages and disadvantages of buying a resettlement house?

The benefits of buying a resettlement house: the resettlement house is a quasi-existing house, the early resettlement house has convenient transportation and complete supporting facilities in the community. The price of resettlement housing is generally slightly lower than the market price, and the quality of the housing is relatively stable. Disadvantages of buying a resettlement house: After the resettlement house has obtained the property rights, it cannot be listed and traded in time. Resettlement houses without house ownership may not be able to apply for a house ownership certificate due to other reasons. What types of resettlement housing are there?

The first type is commercial and residential buildings with supporting facilities built due to the demolition of households for important municipal road projects or low-cost commercial and residential buildings in the process of allocation. According to the relevant regulations in our country, if the mortgagee obtains a commercial house with such supporting facilities, the ownership of the house belongs to personal property, but it cannot be listed for trading within 5 years after obtaining the ownership.

The second category involves demolition of mid- to low-priced commercial and residential buildings due to various factors such as real estate development, in which demolition companies install or help installers purchase them through other means.

What are the risks involved in trading resettlement houses?

1. The property rights period is unclear

Many resettlement houses may not have obtained property rights certificates when they are traded. , so it is not clear who has the last property rights. It is possible that the merchant who should have signed the purchase and sale contract did not sign, but signed the one that should not have signed, which may lead to problems with the legal validity of the purchase and sale agreement and lead to the purchase of a house. dispute.

2. The transaction efficiency is not high

Generally, the trading time of resettlement housing can be very long, so there are more unpredictable risks in the transaction process.

Just like the sellers of the first type of resettlement houses mentioned earlier, they need to wait five years before the transaction can be transferred. During this period, the probability of unpredictable factors and disputes is very high, such as the seller breaching the contract due to the price, and the house being pledged or seized. Risks occur, and these risks can bring some unsolvable troubles to buyers.

3. Tax risk

Many housing sales contracts for resettlement houses do not stipulate the tax bearers and methods, or the long transaction period has caused my country's policy adjustments to form a New taxes may in turn cause disputes between the parties to the transaction due to tax objections. In addition, when the property rights of resettlement houses are transferred, land benefits and other relevant contract payments are often required to be paid back. Both parties should also clearly stipulate this matter to avoid unnecessary disputes in the future.