at the same time, cities have other regulations on second-hand housing transactions. For example, transactions can only be made after the real estate license has been obtained for three years. Then, if the mortgage is settled and the real estate license is taken back, the house can't be sold until the number of years of obtaining the certificate is met.
how can I sell the house without paying off the loan?
1. Pay off the remaining loan with the buyer's down payment.
this is a mode that is widely used in the current second-hand housing transactions, and it is suitable for the situation that the original owner's loan amount is low or the amount of loans left after a large number of repayments is small. Usually, the buyer will recognize the down payment of 3% to 4% of the total turnover of the property, and the seller can use the down payment of the buyer to pay off the remaining loan, then cancel the registration of the property mortgage and proceed to the next transaction.
2. Re-mortgage.
"Mortgaging" means selling or transferring an individual's house to a third person, and then applying for a personal housing loan to change the loan term, the borrower and the collateral. However, at present, there are very few banks that can remortgage, and cities such as Beijing have long stopped remortgage, so this method is rarely used at present.
3. Use bank loans to pay off the remaining loans.
if the above two methods fail, then the seller can consider using the collateral (such as other real estate) in his name to apply for a mortgage loan from the bank to settle the mortgage loan. Wait until the buyer pays the full amount of the house before paying off the bank mortgage.
4. I want to sell the house before the provident fund loan is paid off.
if you have enough funds, you can pay off the balance at one time and then buy and sell. A buyer can apply for a business loan or use his provident fund loan to buy a house.
if you don't have enough money to repay the loan, but the down payment on buying a house is enough to pay off the remaining loan, you can use the down payment of the buyer to pay off the loan. The implementation method is to find a large and standardized intermediary company or loan service company as a guarantee, and pay off the provident fund through the capital account before trading.
if you don't have enough funds, even if you add the buyer's down payment, you can find a large and standardized intermediary company or loan service company to make an advance payment, and then make an intermediate guarantee before trading.