1. Mortgage refers to the sale or transfer of personal housing to a third person, and at the same time, applying for a loan to change the loan term, borrower or real estate.
2. Pay off the remaining loan with the down payment of the buyer: this method is suitable for the situation that the original owner's loan amount is low or the remaining loan amount is not large after a large amount of repayment. Usually, the buyer will recognize the down payment of 30% to 40% of the total turnover of the property, and the seller can pay off the remaining loan with the down payment of the buyer, and then cancel the mortgage registration of the property and make the next transaction.
3. Use the bank loan to pay off the remaining loan: If the seller wants to pay off the loan before selling the property or the buyer is optimistic but unwilling to buy the property with outstanding loan, this method can be adopted.
But the premise is that the homeowner can apply for a loan only if he has collateral (such as other real estate) recognized by the bank. In this way, the homeowner can lend a certain amount of money to the bank through mortgage loan to repay the real estate loan he wants to sell, thus contributing to the success of the transaction.