In the previous second-hand housing transactions, the real estate purchased by mortgage loan required the original owner to repay the loan in advance to release the mortgage before entering the relevant process of transaction transfer. Now, as the name implies, the "transfer with mortgage" introduced in various places means that even if the mortgage is not lifted, you can enter the market to complete the transaction. As we all know, the unpaid property rights are mortgaged in the bank, so it is not difficult to understand that the previous second-hand housing transactions cannot be transferred. After the implementation of the "transfer with mortgage" policy, the biggest impact is that the financing pressure of the original owners has been significantly alleviated, and even the transfer transaction can be completed in accordance with the relevant regulations without raising a large amount of funds. In fact, many people have doubts about the emergence of the "mortgage transfer" policy. You know, mortgage owners can benefit a lot from it. Any policy formulation in the field of real estate transactions will fully consider market demand and public interests. Real estate purchase is usually a mortgage loan cycle as short as 20 to 30 years. If you can't mortgage the transfer, it will virtually curb the quantification of second-hand housing transactions. After the policy adjustment, both owner-occupied housing and investment housing can enter the market to seek transactions as long as they meet the relevant policy requirements, which is also the biggest impact on the entire real estate market after the policy is liberalized.
Most owners in mortgage to buy a house didn't expect the seller to transfer ownership at the beginning of buying a house. However, under the objective background of the epidemic in COVID-19, the pressure of repaying loans has suddenly increased, especially since this year, the number of houses auctioned according to law has been increasing day by day, which is closely related to this reason. With the gradual liberalization of the "transfer with mortgage" policy, these homeowners don't have to worry about the hard-earned property becoming a legal auction house, because even if they don't repay the loan, they can complete the whole transaction process in accordance with relevant laws and regulations, which undoubtedly plays a positive role in alleviating the economic pressure of the original owners and has a significant impact after the implementation of this policy.