You can borrow money to buy a house in someone else's name, but you are actually helping others buy a house. After all, the property owner is not himself. Buying a house under this name is actually illegal, especially buying a house under the name of a loan, which is very risky for both parties. If you want to borrow someone else's name to buy a house, you need to find someone you can trust, so as not to let the other party take the house directly.

What are the risks of buying a house with a real name?

1. The ownership of this house is unknown.

Who is the owner of the house under the pretext of buying a house? Is it the person on the property certificate or the payer? Many people want to buy a house now. Because I have no housing conditions, the actual payer is the buyer, but the owner of the house does borrow it. At this time, there will be the problem of unclear housing ownership, which will bring endless trouble to the actual buyers.

It is difficult to transfer the house.

Buying a house under the pretext is not protected by law. If the borrower does not cooperate with the transfer, the payer will lose a lot. The house ownership certificate is actually registered in the borrower's name. From the perspective of effectiveness, the actual owner of the house is the borrower. If there is a dispute between the borrower and the actual purchaser of the house, the two sides cannot reach an agreement on the transfer of the house, which will cause difficulties in the transfer of the house. Violate the law. Buying a house in this name itself is against the law. Because it is illegal, it is not protected by law. It is suggested that property buyers should not easily adopt this way of buying houses without legal protection, so as not to bring endless troubles to themselves in the future.

3. The borrowed celebrity repents

Buying a house in the name of the borrower, even if an agreement was reached at that time, can be reversed. The borrower is the owner of the house. It is possible that the relationship between the two parties is very good when they reach an agreement, because private friends are willing to help you, but if the relationship between the two parties is not good one day, the nominal property owner, that is, the borrower, will go back on his word, which will bring a lot of trouble to the actual buyers, and the actual buyers are likely to face the situation of losing money and not getting the house.

It may be seized or auctioned.

Banks often auction some houses, so most of them have outstanding debts. After the nominal property owner receives the real estate license, before the property right is transferred to the investor, if the debts owed by the nominal property owner to others cannot be paid off at maturity, or there is a divorce dispute, the property is likely to be sealed up or auctioned, or the nominal property owner has an accident, which may lead to inheritance disputes. In this case, it is difficult for investors to get the house, and they can only ask for the return of the house payment and liquidated damages, but can't ask for the continued performance of the contract and the acquisition of real estate.