According to the law, the property that has not repaid the bank loan can only be sold after paying off the remaining mortgage loan. Specifically, the seller can apply to the bank to repay the loan in advance, pay off the arrears, take out the real estate license and cancel the mortgage, and then sell it normally.

If the seller asks for a one-time payment, then use your house purchase money to repay the bank loan, take out the property certificate and cancel the mortgage, and then go through the transfer procedures. At this time, you should be cautious. This kind of operation is very risky, and it is best to operate with the accompaniment or guidance of professionals.

Extension:

"Mortgage" means that during the repayment period of individual housing loan, the borrower sells the house as collateral, and with the consent of the loan bank, the buyer of the house continues to repay the unexpired loan of the seller. Simply put, it is to buy and sell the house that is still mortgaged again, and the buyer of the house will continue to repay the mortgage payment of the seller.

First of all, people who buy houses by mortgage need the consent of the developer before they can refinance, and the developer also needs to come forward to coordinate with the bank to handle relevant procedures. Buyers and sellers must check with the loan bank to determine whether the loan bank agrees to refinance the mortgage loan.

Secondly, the buyers and sellers who meet the transaction conditions shall go through the formalities of remortgage according to the requirements of the loan bank.

At present, there is no mortgage transfer procedure for banks in China. Instead, the original owner repays the loan in advance, cancels the mortgage and gets back the real estate license, and then the new buyer applies for the loan.