Legal analysis: No, the seizure of real estate means that after the plaintiff filed an application for seizure, the court seized the real estate under the defendant's name through judicial channels, and the seized house may not be transferred or mortgaged. The seizure of real estate is a preservation measure, and the seized property cannot be lived or traded. After paying off all debts, the debtor may apply for unsealing. If the debtor refuses to repay the loan, the court will auction the seized property.

Legal basis: Provisions of the Supreme People's Court on the Attachment, Seizure and Freezing of Property in Civil Execution by People's Courts Article 2 The people's court may attach, detain and freeze the movable property possessed by the person subjected to execution, the immovable property registered in the name of the person subjected to execution, specific movable property and other property rights. Unregistered buildings and land use rights shall be determined according to the approval documents of land use rights and other relevant evidence. If the third party confirms in writing that the property belongs to the person subjected to execution, the people's court may seal up, detain or freeze the movable property possessed by the third party or the immovable property, specific movable property and other property rights registered in the name of the third party.