Loans for first homes are relatively cost-effective. There are generally certain discounts for first homes. The interest rates for loans for second homes are relatively high and are not a good choice. The opportunity to get a first mortgage is particularly precious. If the conditions are right, it is more cost-effective to borrow as much as you can afford. It would be even better if you can use provident fund loans. But after all, actual demand is the main factor when buying a house, so don’t over-leverage and operate based on your own needs.

Things to note when buying a house

1. Review the developer’s right to sell.

Be sure to check whether the developer has a commercial housing pre-sale license. With a pre-sale license, the developer usually also has a land use certificate, planning permit, construction project permit, etc. This is the key to whether you can get a real estate certificate when buying a house.

2. Pay attention to the use of standard house sales contracts.

Be sure to use the standard house sales contract text printed uniformly by the real estate management department, and fill it out item by item in accordance with the terms listed in the text. Be sure to treat it with caution.

3. Pay attention to whether the rights and obligations in the contract are equal.

Be sure to pay attention to whether the rights and obligations in the content filled in by both parties in the contract terms are equal. Some developers have already filled out the contract text in advance and even filled in the supplementary clauses themselves. Most of these filled-in contract texts contain unequal rights and obligations. Once this happens, house buyers must put forward their own opinions and must not act hastily.

4. Area confirmation and area difference processing.

If you choose to confirm the area and deal with area differences based on the built-up area within the suite, you should specify in the "Handling Area Differences" clause how to deal with area errors. Only when the area difference is stipulated in detail in the contract can you avoid being deceived.

5. Use standardized payment methods.

The amount, time limit, method of payment and liability for breach of contract shall be stipulated in the contract. Some developers do not sign a contract first, but first require home buyers to pay a certain amount of deposit and only give them a receipt. Once a dispute occurs, it often makes it difficult for home buyers to prove their liability.

6. Be sure to check whether the delivery date is confirmed.

Delayed delivery due to lack of funds is common. Developers often make a fuss in pre-sale contracts, such as only indicating the completion date but not the delivery date; using "water, electricity and water installation" After, after passing the quality acceptance, after the community supporting facilities are completed" and other vague language. In this regard, when buyers sign a contract, they must clearly and unequivocally stipulate the delivery date as "a certain day of a certain month and year" and indicate the developer's liability for failure to deliver the house on time.

7. When signing a house sales contract, it is best to ask a lawyer or expert to review the contract text to avoid unnecessary losses.

When signing a contract, you need to pay attention to the fact that you need to put forward your own modification opinions and negotiate with the terms proposed by the developer that you think are unreasonable. The contract is the product of the consensus of the parties. If both parties cannot reach an agreement, The contract cannot be formed. And the issues you are concerned about should also be reflected in the contract. In the process of consensus, neither party has the right to force the other party, and either party has the right not to sign a contract. If you think that your interests cannot be protected in the contract, and the developer does not agree to modifications or additions, the home buyer has the right to re-select the developer and the property.