There is no need to apply for a mortgage loan for a fully paid house, because you have the ability to pay off the house in one lump sum, which can avoid the complicated procedures of buying a house with a loan. But before buying a house with full payment, you need to prepare your own financial plan. After all, buying a house with full payment costs a lot of money.
What are the procedures for buying a house with full payment?
1. Start preparing to buy a house: Home buyers need to make relevant preparations before buying a house, which can be estimated based on financial strength, repayment ability, etc. Based on your own ability to purchase a house, and based on your work and life needs, determine the location, area, price, floor, orientation, etc. of the house. Home buyers can inquire from newspapers, television, the Internet or related real estate websites. Home buyers need to combine the advantages of the three media. Conduct a comprehensive and detailed inspection of the property information.
2. Selecting a house: Choosing a house is not an easy task. Before choosing a house, home buyers need to have a basic understanding of the floor area ratio, greening rate, pools, and apartment types. If you are buying an existing house, you can intuitively see the structure and floor plan of the house. However, if you are buying an off-plan house, you can only use the floor plan as a basis for house selection. At this time, home buyers must learn to read floor plans.
3. Pay a deposit: After choosing a house, the home buyer must be prepared to pay a certain amount of deposit to the developer and sign a subscription letter at the sales reception desk of the sales office. However, the editor would like to remind everyone that signing a subscription letter is not a necessary step for purchasing commercial housing, but most developers will require signing a subscription letter to ensure that you will buy a house here.
4. Pay the house payment and taxes: After paying the deposit, the developer will make an appointment with the developer to pay the remaining part of the house payment. Please note that you must remember to collect the receipt after paying the house payment. Generally speaking, commercial houses also need to pay deed tax and public maintenance funds.
5. Sign the "Commercial House Sales Contract": When paying the house price, you also need to sign the "Commercial House Sales Contract". The home buyer should first ensure that there are no errors in the contract before signing. The editor suggests that when signing a contract, you can ask friends who have experience in buying a house to read the contract carefully and point out any areas that you do not understand or that are vaguely expressed in a timely manner. Note: Documents required to sign the contract: proof of identity, original payment receipt, original subscription letter.
6. House inspection: If the house is off-plan, the buyer still needs to wait for the developer to give a notice before accepting the house. The buyer needs to pay attention to the time of house acceptance, and carefully check every detail of the house during the house inspection. , check "Three Certificates, One Book and One Form". During the home inspection, you must pay off the water, electricity, gas, cable TV, heating, property fees and other expenses of the purchased house. Both the buyer and the seller and the intermediary company must sign the property delivery document for filing.
7. Go through the transfer procedures: You can go through the transfer procedures after the house inspection. The transfer procedures usually have to wait until the developer completes the completion acceptance of the house and land and obtains the real estate title certificate (commonly known as the owner's title) belonging to the developer's name. Only after obtaining the certificate) can the transfer procedures in the name of the resident be processed.
8. Receive the real estate title certificate: The next step is the most important step. The home buyer must go to the developer *** to apply for real estate transfer registration. Within 30 working days after applying for real estate transfer registration, the real estate registration center will receive the certificate. You can be notified by phone and bring your ID card to collect it.