There is no purchase restriction in Zibo, and there are no specific conditions for foreigners to buy a house in Zibo. However, if you want to buy a house with a loan, you need to meet the following conditions:

1. Have an urban household registration or valid residence status ;

2. Ability to stabilize professional income, credit, and loan principal and interest on a regular basis;

3. Enjoy a house purchase subsidy of less than 20% of the total price of the house as a down payment; enjoy a house purchase subsidy. 20% of the total amount will be used as the down payment for the purchase of the house;

4. The bank will recognize the assets as mortgage or pledge or a unit with sufficient solvency to repay the principal and interest of the loan, and bear joint liability guarantee;

5. A house purchase contract or agreement showing that the price of the house purchased basically meets the requirements of the bank or the real estate valuation agency entrusted by the bank to apply for value evaluation.

Process of buying a house in Zibo

1. Confirm the intention to purchase:

1) The sales office confirms the house availability; 2) Fill in personal information; 3) Sign a deposit contract ;4) Both parties sign and seal; 5) The buyer pays the deposit for the house purchase and keeps the receipt.

2. Signing the contract: After paying the deposit, the home buyer must complete the filing fee of the "Commercial Housing Purchase Contract" with the developer within the period agreed in the deposit contract and keep it well.

3. Choose a loan method: Applying for a home purchase loan is the "biggest event" in the home purchase process. There are six steps that need to be completed one by one:

1) Choose a suitable loan bank (part The developer will have a designated bank);

2) Determine the loan amount (the loan amount needs to be determined based on personal circumstances and bank approval limit);

3) Provide the personal information required for the loan , including identity certificate, marriage certificate, credit certificate, etc.;

4) 3-4 working days after submitting the required information, the bank will sign the "Loan and Guarantee Contract" with the borrower;< /p>

5) When the real estate transaction is completed, the transaction center issues another certificate of rights;

6) The bank receives the other certificate of rights and transfers the loan to the borrower's account. Once the application is completed, the borrower should repay the loan on a timely basis.