Nanjing second-hand housing transaction process

As an important historical and cultural city in China, Nanjing is also a developed city, which attracts many people's attention. With the development of the city, the real estate market has become more and more active. In Nanjing, second-hand housing transaction is a very common phenomenon, but for many people, the process of second-hand housing transaction is not very clear. Next, I will introduce the process of second-hand housing transactions in Nanjing in detail.

Step 1: Prepare.

Before the second-hand housing transaction, both buyers and sellers need to do some preparatory work. Buyers need to determine their own purchase budget and demand, choose suitable housing, and understand relevant purchase policies and laws and regulations. The seller needs to prepare real estate license, property right certificate, house purchase and sale agreement and other related documents.

Step 2: Sign the pre-purchase agreement.

After determining the housing, buyers and sellers can sign a pre-purchase agreement. The pre-purchase agreement is a written document that both parties reach a preliminary intention, which generally includes basic information of the house, transaction price, transaction method, transaction time, liability for breach of contract and so on.

Step 3: Apply for a loan.

If property buyers need a loan to buy a house, they need to apply for a loan after signing the pre-purchase agreement. Property buyers need to provide relevant loan materials to the bank, such as personal identity card, income certificate, housing information, etc. After the bank's audit, if they meet the requirements, they can get loans.

Step 4: Sign a formal contract.

After the buyers get the loan, the two parties can sign a formal house sales contract. The contract generally includes the detailed information of the house, transaction price, payment method, delivery time, delivery method, property right transfer, etc.

Step 5: Pay taxes and fees.

After signing the formal contract, the buyer needs to pay relevant taxes and fees. According to the relevant regulations of Nanjing, the sale of houses needs to pay deed tax, stamp duty and personal income tax. Specific tax standards can be consulted with the local housing management department.

Step 6: Transfer ownership.

After paying taxes and fees, the buyer and the seller need to go to the local housing management department to handle the property right transfer procedures. The transfer of property rights needs to provide relevant documents, such as purchase contract, house sale agreement, real estate license, property right certificate, etc. After the transfer of property rights, the buyer can formally own the property rights of the house.

Step 7: deliver the house

After completing the property transfer formalities, the buyer and the seller need to hand over the house. When delivering the house, both parties need to inspect the house to ensure that the delivery status of the house conforms to the contract. If there is any problem, it needs to be solved through consultation.

Step 8: Complete the transaction.

After the house is delivered, the buyer and the seller need to complete the final transaction procedures. The buyer needs to pay the balance of the house payment to the seller, and the seller needs to deliver the house key and relevant documents to the buyer. After the transaction is completed, both parties need to sign a contract to confirm that the transaction is officially completed.