When is the right time to pay the down payment?
Generally speaking, if you choose a mortgage loan to buy a house, you can pay the down payment to the real estate developer after signing the commercial housing sales contract (including the pre-sale contract of commercial housing), and the developer will issue a receipt for the down payment. Then, buyers can apply for mortgage loans from banks with the purchase contract, down payment receipt and other information.
In other words, to put it simply: sign the contract first, then pay the down payment.
What should I pay attention to when buying a house and paying the down payment?
Be sure to check whether the developer has a pre-sale permit for commercial housing.
With a permit, it means that the developer has a land use permit, a construction land planning permit, a construction project planning permit, and so on. This is an important document whether to buy a house. In addition, when purchasing, it is necessary to pay attention to whether the purchased building number is within the pre-sale range.
Be sure to pay attention to whether the standard of the contract is the text of the house sales contract.
When signing a contract, you must choose the standard house sales contract text printed by the real estate management department and fill it out item by item according to the terms listed in the contract text.
Be sure to pay attention to whether the rights and responsibilities in the terms of the contract are equivalent.
Some developers will fill in the contract text in advance, and even the supplementary terms have been filled in, so in this case, property buyers should be vigilant! Because most of these filled-in contract texts are unequal in rights and responsibilities. Once this happens, buyers must put forward their own opinions and never make a move.
Be sure to state the terms of payment.
The amount, time limit, method of payment and liability for breach of contract are stipulated in the contract. Some developers do not sign the contract first, but let the buyers pay a certain deposit first, and only issue receipts to the buyers. In the event of a dispute, it is difficult for buyers to prove their responsibility.
Be sure to agree on the delivery date.
In fact, in daily life, it is not uncommon for developers to delay delivery due to lack of funds. However, some developers will make a big fuss about the pre-sale contract, such as only indicating the completion date and not indicating the delivery date; Use some vague words, such as "after the installation of water and electricity is completed and the quality inspection is qualified, the house will be delivered after the completion of the community."