What is the specific difference between a 40-year-old apartment and a 70-year-old apartment?
The apartment with 70-year property rights is a residential apartment, and the land category belongs to residential land. Although it is called an apartment, its land is still a residential product.
The 40-year-old property apartment belongs to the nature of commercial land, which is what we often call a hotel-style apartment.
Comparison between 40-year-old apartment and 70-year-old apartment
1, land use nature
The land nature of the 70-year-old property apartment is actually residential land.
The land use nature of 40-year-old property apartment is actually commercial land.
2, the bank mortgage loan down payment ratio
For a 70-year-old apartment, the down payment for the first suite is 30%, and the longest mortgage period is 30 years.
40-year-old property apartment, unlimited purchase and loan, down payment of 50%, longest mortgage 10 year.
3. Provident fund loans
70-year-old apartment can apply for provident fund loans.
40-year-old property apartment can not apply for provident fund loans.
What should I pay attention to when buying an apartment?
1, pay attention to housing property rights
According to relevant regulations, the nature of housing use right is the same as land use right, including residential land, commercial land and industrial land. In the process of buying a house, as long as you look at the land use column on the land use certificate, you can see at a glance whether it is a house or an enterprise.
2. Choose brand developers
Generally speaking, brand developers are more powerful than small developers, and the most important thing is to have higher capital turnover ability. Moreover, large enterprises are more responsible, and there will be no unfinished business and delayed delivery.
3. It is recommended to choose a superior location.
In the process of buying a house, try to choose an area with mature business circle and convenient transportation. There are two reasons for this. On the one hand, it is easy to rent, and at the same time the rent is guaranteed. On the other hand, due to the large appreciation space, it is conducive to other uses.