Can I borrow money to buy a house without a real estate license?
A house without a real estate license cannot be loaned, because when applying for a mortgage loan, it needs to be mortgaged with a real estate license. No real estate license means that the purchaser only has the right to live in the house and has no right to use it. Therefore, when buying a house, everyone should pay attention to check the real estate license of the house, so as not to affect the loan processing.
Can I buy a house without a real estate license?
In terms of national laws and policies, real estate without title certificate is not allowed to be traded. Because China stipulates that the sale of real estate should be registered for ownership transfer (so-called transfer), real estate without title certificate cannot be transferred, and the state does not protect the real estate transaction without housing households.
We also advise you not to buy this kind of house, because without the title certificate, you can't get a loan, transfer ownership, or notarization, and the signed agreement is invalid.
Nowadays, many companies are operating under the banner of notarization, which is actually very risky for buyers. The general notarial deed is mainly entrusted notarization. In fact, such a notarial certificate can be unilaterally revoked by the owner (the entrusting party)! So there are risks.
If the property buyer cannot obtain the property right certificate after moving in, the property right of the house he purchased is still in an uncertain state, and the property buyer will not be able to obtain the following rights:
1. You can't buy, sell, give, replace, inherit or rent. Even if the relevant contract is signed, it is invalid and not protected by law.
2. If the house is demolished, it is impossible to get compensation for demolition according to the national policy and relevant demolition regulations.
3. Other rights such as mortgage right and mortgage right cannot be set, and property buyers cannot obtain loans or bear other civil liabilities through mortgage.
4. If the property ownership certificate cannot be obtained due to the illegal development of the project, the house purchased by the property buyers is at risk of being forcibly demolished or auctioned.
5. When the developer is enforced due to a debt dispute, the real estate that has not been transferred still belongs to the developer's property and can be enforced by the developer's creditors according to law;
6. The land use right expires and it is impossible to apply for the continued use of the land.
To sum up, this article mainly talks about whether a house without a real estate license can be loaned or bought. We know that house loans are all mortgaged by real estate license, so if there is no real estate license, then our bank will not give us mortgage loans, but we can consider some lending institutions to handle them.