Under the current high housing prices, it is almost impossible to buy a house in full, and most people have to rely on bank loans. However, bank loans need to pay interest, and the mortgage pressure under high housing prices is also great, which has caused great trouble to the people.
Millions bought a suite, finally got a down payment and lived in a new house, but they still had to face a high mortgage. If you are a buyer of a second improved house, your income has been stable, and you have the experience of buying a house for the first time to repay the loan, the mortgage pressure will not be too great. However, if it is the first time to buy a house, suddenly more than half of the monthly salary is used to repay the mortgage, and the remaining funds may only be enough for the basic monthly expenses, or even the basic expenses may not be enough. Compared with the comfortable life before buying a house, it is simply stressful. This is actually normal. I can't adapt to the pace of life in the first year of repaying loans. As long as you get through the first two or three years, your income will increase later, or you will get used to it.
Second, if resale is really necessary, there are ways to solve the loan.
If it is really due to personal reasons, such as unemployment or reduced economic income, there is no way to continue to repay the mortgage, there is no way to sell the property, and there are ways to solve the outstanding mortgage.
On the one hand, you can temporarily borrow money to repay the mortgage and then sell it. Buy a small apartment, the mortgage is less, you can find relatives and friends to borrow a sum of money to buffer it, and then pay it back when the house is sold. If the amount of mortgage owed by buying a house is high, you can consider finding a loan from a financial institution, pay off the mortgage first, and then sell it with confidence.
On the other hand, in consultation with the buyer, the buyer will help repay the loan and lift the mortgage. It may not be possible to repay the loan. After all, the mortgage amount is too large, so you can borrow it if you don't want to. Then you can try the second method and put the house on the market first. When someone looks at the house and is ready to buy it, they will negotiate with the buyer, and the buyer will help you with the down payment. Of course, the premise is that the buyer is willing.
Third, remember to aim high when buying a house, and the mortgage must be repaid on time.
It is not uncommon that the mortgage is not paid after one year in real life, but it is really rare. Why is this happening? In addition to unemployment or reduced income, there may be reasons for buying a house. The price of the house I bought exceeded the range I could bear, and the mortgage pressure increased sharply. Even if a person grits his teeth for a year, he will face an unbearable ending sooner or later. Therefore, when buying a house, the first thing to consider is your own economic ability. Don't aim too high I bought a house, but the monthly payment exceeded my income, which was not worth the candle.
In addition, if you don't plan to sell the house and want to continue to repay the house loan, you must remember to repay the loan on time every month. Personal credit information is related to a person's life, not only to whether he can get a loan smoothly in the future, but also to all aspects of life, which is very important for a person. It is not cost-effective if personal credit information is unfortunately tainted because it is overdue for a period of time.
To sum up, the mortgage has been paid for one year, and it is still not finished. Actually, it's not insoluble. Either borrow money to repay the loan first, or ask the buyer to help repay the loan when selling the house. However, it is really rare that the mortgage is not paid for one year. In addition to unemployment or reduced income, there may be reasons for pursuing one-stop shopping when buying a house. Therefore, the goal of buying a house must not be too high, and we must remember to repay the mortgage on time.