Can a house with a loan be bought and sold?

A house with an unpaid loan can be bought and sold, but only if a house ownership certificate recognized by the state has been obtained, because second-hand houses The transaction is based on the real estate certificate. If you have obtained a real estate certificate for a house that has not yet paid off the loan, you can sell or transfer the personal house to a third party and apply for a personal housing loan to change the borrowing period, change the borrower, or change the collateral. This is a mortgage. The simplest and most direct way to trade houses in China: 1. The buyer and seller sign a "House Sales Contract". 2. The buyer, seller and lawyer sign the "Remortgage Transaction Security Guarantee Contract". 3. The buyer pays the down payment. 4. The seller’s lending bank agrees in writing to the seller’s one-time repayment in advance and issues a confirmation letter. 5. The buyer applies for a second-hand housing mortgage loan to the lending bank and submits relevant information. 6. The seller actually delivers the house to the buyer. 7. After the bank review passes the loan, the loan will be transferred to the seller’s loan bank account. 8. After receiving the payment, the seller will terminate the loan contract and mortgage registration with the original lending bank, handle the transfer with the buyer and lawyer, and mortgage the house to the buyer's lending bank. 9. The buyer’s loan bank will pay the down payment to the seller. Article 209 of the Civil Code 6868 The establishment, change, transfer and elimination of real property rights shall be effective if registered in accordance with the law; without registration, they shall not be effective, except as otherwise provided by law. The ownership of natural resources that belong to the state according to law does not need to be registered.

How to sell a house that is under mortgage

The process of buying and selling a house with a loan is as follows:

1. You can apply for early repayment and repay the remaining loan before selling it. The owner can consult the loan bank and apply for early repayment to buy a house. Only after the loan is repaid can the property sale and house name change be processed.

2. The buyer retains the balance to support the homeowner in repaying the loan early. In addition to the house owner paying off the mortgage on his own, you can also find a buyer who can pay the full price, leave the balance at the time of sale, and then change the transfer method after the homeowner uses the money paid in advance to pay off the loan.

3. Transfer the mortgage. If you find someone willing to pay, you can also complete your desire to raise funds to sell the house through a bank remortgage. Some banks now support remortgage business, while others do not.

Things to note when selling a personal home.

1. It is recommended that you register with a local real estate agency. It is customary to register for free. When registering, please leave your contact number, etc. The real estate agency will basically help you contact the rest. Buyers, when someone wants to see the house, the intermediary agency will contact you. After the transfer is successful, the relevant transfer procedures will basically be handled by the intermediary agency, or the intermediary agency will lead the buyer and seller to handle it together. In the end, the intermediary agency will earn a certain percentage of the transaction amount. commission.

2. You can post information about houses for sale on local shopping websites.

3. You can also use promotional materials related to shopping information, such as "Consumer Express Advertisement", "Postal Advertiser's Letter", etc.

4. If you choose to post small advertisements everywhere, this approach is relatively uncivilized. It may also be a way to publish news about the sale of houses, but it is not advisable.

How to sell a house with a loan?

A house with a loan can be sold in the following ways:

1. Remortgage: that is, to sell the house with a loan The house is sold or transferred to a third party, and at the same time, an application is made for a loan to change the loan period, change the borrower, or change the object.

2. Use the buyer’s down payment to pay off the remaining loan: This method is suitable for situations where the original homeowner’s loan amount is low or the remaining loan amount is not large after a large amount of repayments. Under normal circumstances, the buyer will agree to a down payment of 30 to 40% of the total transaction value of the property. The seller can use the buyer's down payment to pay off the remaining loan, then cancel the mortgage registration of the property and proceed to the next transaction.

3. Use a bank loan to pay off the remaining loan: If the seller wants to pay off the loan before selling the property or the buyer is optimistic about it but is unwilling to buy a property with an unpaid loan, this method can be adopted .

But the premise is that the homeowner has bank-approved collateral (such as other properties) to apply for a loan. In this way, the homeowner can borrow a certain amount from the bank through the mortgage to pay off the loan for the property he wants to sell, thus facilitating the success of the transaction.

Things to note when buying a house with a loan:

1. Verify the real property information

Buyers must check with the local housing authority before buying a house Register, verify the loan status and sealing status of the house, etc. It is not enough to simply communicate with the homeowner. You must master the method and obtain the correct source of information.

Buyers can go to the housing authority to check the house to find out whether there is an unpaid loan in the name of the house. Specifically, any one of the real estate address, land number, real estate certificate registration number, and real estate certificate number is used as an index to verify the ownership status of the real estate.

That’s it for the introduction to buying and selling houses under loans.