How to sell a house with unfinished mortgage?
1. Mortgage refers to the application to the bank to transfer the remaining loan to a new buyer and change the borrower, collateral and loan term. If this method is feasible, it is naturally the best way, and you can easily get the down payment. However, this method is more complicated and risky for banks, so not every bank will handle this kind of business, so you should consult clearly in advance when you actually operate it.
2. Use the bank loan to pay off the remaining money. If the seller still has other real estate B, he can mortgage the bank, apply for a loan, pay off the remaining mortgage of real estate A with the loan money, resell it after obtaining the real estate license, and then pay off the loan mortgaged by real estate B with the purchase money paid by the buyer.
3. The buyer pays the remaining loan with the down payment. This method is more common, that is, pay off the balance of the bank with the down payment of the buyer, obtain the real estate license, and then conduct the transaction. However, there are conditions for using this method: your down payment ratio should be high, so that the bank's outstanding loan amount is small, and the buyer's down payment can support your outstanding loan, or the buyer's down payment amount is high.
Under normal circumstances, the buyer pays the down payment first, but the house is mortgaged in the bank and there is no real estate license, which is very risky for the buyer. Few buyers will be willing to adopt this method. At this time, it is best to find a bank or an intermediary to act as a middleman and sign an agreement. Some banks have certain requirements for repaying loans in advance, and some banks even need to pay a certain penalty.
What should I pay attention to when selling a house?
1. Attention should be paid to the valuation: it is recommended that the seller know the market through some large intermediary companies, consult more professionals or understand the market trend through multiple channels before making an offer. According to your actual situation, determine a reasonable quotation after addition and subtraction. The purpose of early quotation is to leave room for yourself in the process of price negotiation. In addition, the first quotation is generally a tentative price, and then you can be prepared to adjust the price at any time by understanding the market reaction.
2. Pay attention to choosing an intermediary and choose a qualified large-scale housing intermediary company. It is very important and necessary to choose a credible and qualified intermediary company. It is the premise to ensure the security of the transaction. The qualifications of real estate agents can be inquired through the website of the local construction committee.
When signing the agreement, you should pay attention to it. When everything is ready, you can sign an agreement with the intermediary company to sell the house. When signing the agreement, it must be noted that the original title certificate must be held by the property owner. Because in the process of entrusting an intermediary to conduct housing transactions, many intermediaries often ask the owner to hand over the house ownership certificate to the intermediary for safekeeping on the grounds of convenient agency. This is extremely unfavorable to the seller.