1. According to the information of Anjuke, sign an agreement: the owner signs a guarantee agreement with the guarantee company to provide foreclosure information.
2. Entrustment: The seller entrusts the notarization to the guarantee company or its designated personnel.
3. Mortgage: After the buyer applies for mortgage from the bank, the bank will issue a letter of commitment to the guarantee company.
4. Down payment: After the down payment is supervised by the bank, the bank will issue a letter of commitment to the guarantee company.
5. Letter of guarantee: The guarantee company pays the guarantee fee after approval and issues a letter of guarantee to the bank for the guarantee company.
6. Redemption: The bank lends money to the guarantee company, and the guarantee company redeems the building for the owner.
7. Transfer: After the real estate license is renewed, go through the transfer formalities at the Land and Resources Bureau.
8. Mortgage: After issuing the certificate, the buyer will get the certificate as collateral.
9. Cancellation: After the collateral is delivered, the guarantee company cancels the guarantee and the work is completed.