Not long ago, I met the loan manager of a bank and urged his assistant on the phone to say, "This man has not paid his mortgage for three months in a row, and the mobile phone number he provided can't get through. Try to find him again. " You see, people in the bank are not easy. Even if there are fewer customers, they are not discouraged and try their best to solve them before expanding their scale. The epidemic situation is repeated, and business is not good. Han Fuling, a professor at the School of Finance of the Central University of Finance and Economics, once wrote on social media: "At the beginning of 2022, the four major banks have sued 200,000 owners for breach of contract."
Consequences of supply interruption:
1. Credit information has been polluted: within five years, credit information has been burned.
2. Or be investigated for legal responsibility: once sued, he is listed as an executor of dishonesty, and our law requires this person to declare his property to the court on his own initiative. Failing to declare or perform the obligations specified in the effective legal documents within the time limit, the court will conduct a comprehensive inquiry, freeze or deduct the property under the name of the person subjected to execution in accordance with relevant legal procedures, and impose fines and detention if the circumstances are serious.
3. If the house is gone, you continue to pay back the money: after the house is bought, it has not risen much, and the assets are insolvent, that is, if the house is gone, you continue to pay off the debts.
How to deal with the mortgage default crisis?
1. Financing: This step is arranged before the loan. Pay attention to the financial attributes of real estate when buying a house. Some people say that I bought it for my own living, not for investment, as long as I live comfortably. This is only half right. Comfortable living is the first, but the investment attribute is also very important. Choose a good plan, including understanding the future development prospects of the subject matter. What is the liquidity of specific products (students who bought double certificates pass by)? What is the bank's systematic valuation of your house? Pay attention to this because it is easier for you to get out of the mire in case you are about to lose supply. When the price goes up, it is possible to solve the drug list. "A good-looking girl is easy to marry." To put it bluntly, it depends on the strength of your family.
2. Cash flow: We should do an actuarial job, calculate the income and monthly supply clearly in advance, and do what we can. In practice, we will meet some customers who don't listen to the solution and wave their hands and say, "Let's auction, isn't it a little less?" I will admit it if it is hundreds of thousands? " As everyone knows, this "heroic" style that is not a detailed account is often the same kind of people who do not carefully plan cash flow. There are many ways to make a mortgage, not only from your income, but also from your own brain. There is also a misunderstanding that many people are very conservative and blindly choose cheap houses because they are worried about the pressure of monthly supply, which is also wrong. Managing cash flow well does not mean lending as little as possible (sometimes on the contrary), which is very important. The loan is arsenic of B and honey of A, so it will not be developed.
3. Breathing period: this stage means that the supply is cut off, but the bank is only collecting money and has not filed a lawsuit. This is a critical period, which requires the rational judgment of the landlord. If you are sure that you can't pay the monthly payment and the negotiation with the bank fails, then you'd better choose to sell the house. If the simplified model is used, at this time, the mortgagee's bank and several loans owed are not considered as medical expenses, which is relatively easy to solve. You can find a third-party company to help you repay your mortgage and then sell it. If this stage is solved, there will be no follow-up cost, which greatly reduces the loss compared with abandoning the house and cutting off the supply to enter the auction procedure. Some people are obsessed with self-housing, but they are unable to change careers in reality, so they have been slow to solve it. In fact, it should be understood that the present house is already a commodity, not a home.
4. Reaction period: When the reaction period is up, how can we not talk about the cost? Interest, overdue interest and penalty interest; Court acceptance fee, preservation fee, evaluation fee, litigation fee, execution fee and delay in performance fee shall be borne by the losing mortgagor. The lawyer's fee of the bank is generally borne by the supplier in the bank contract, so it is also borne by the supplier. Compared with the reaction period and breathing period, it can be called a drug list, because the bank is both the mortgagee and the first seal (the first seal). In addition, the general buyers in the market will have concerns about the handling of such properties and are unwilling to get involved in muddy water. Those who understand that there are business opportunities here will inevitably pursue higher return on capital. Therefore, at this time, the cost of solving the problem has increased, whether it is looking for a third-party company to underwrite or looking for a property buyer. The key words of this stage are actively responding to the lawsuit, negotiating with the bank and seeking solutions involving third parties.
5. Auction period: The court stage ends and the auction period begins. We often meet people who refuse to cooperate with the work of the court. They stay in their rooms or arrange for relatives and friends to live in their rooms. The mood is understandable, but it has little effect. Will affect the auction price, will also affect the auction price. However, after so many years, there are really exceptions. I didn't see two cases, but they were all dragged away during the auction, because it coincided with the sharp rise of real estate in Shenzhen, which left a lot after the auction. This also confirms the first point we said above, there is a good house first.
6. Fight again: After the auction, deal with debts, restore clean credit information, continue to build nests, buy houses and fight again.