What are the procedures for selling houses with outstanding loans?

In real life, many owners either made mortgage loans when buying a house or made consumer loans with real estate mortgage. When these owners want to sell their property, the outstanding loan becomes the biggest obstacle to the transaction: when the property right is transferred, the property ownership certificate must be submitted. When making a loan, register the "Property Ownership Certificate" as mortgage and put it in the property right office. After the loan is paid off, you can go to the property right office to redeem the "Property Ownership Certificate" and handle the transfer of property rights.

Usually, the owners' meeting: 1. Self-raised funds to repay loans; The second is to borrow money from relatives and friends to repay the loan; 3. Ask the buyer to contribute to repay the loan. But no matter which way, it has its drawbacks and hidden dangers: First, the owner repays the loan with self-raised funds. After redeeming the property ownership certificate, if the buyer breaches the contract and fails to fulfill the obligation of buying a house, the owner will be in a dilemma unless he has enough idle funds. If the owner has overdue records in the previous installment repayment, then it is impossible to get the loan again. Second, borrowing money from relatives and friends to repay the loan not only bears the above risks, but also bears a heavy debt of gratitude. Third, it is of course best for the owner to ask the buyer to contribute to repay the loan. However, how many property buyers will take out so much money to repay your loan without even seeing the real estate license?

Numerous practical experiences have proved that the best way to sell a house with outstanding loans is to ask a real estate agent to contribute to repay the loan. However, companies with strong financial strength, good reputation, rich experience in similar businesses and strong bank coordination ability should be selected. In this way, first, it can meet the capital needs of the owners at any time; 2. Being able to undertake the responsibility of supervising the transaction funds; Third, it can effectively prevent the risks of buyers and sellers and intermediary companies; Four, can guarantee the buyer's loan amount.

Among many real estate agencies in Kunming, Cheng Yi Real Estate Agency in Kunming has undoubtedly done the most and done the best in dealing with the pre-sale business. With its financial strength, rigorous business process and meticulous service, Cheng Yi Real Estate Company has helped countless owners with outstanding loans to successfully complete real estate transactions. There have never been any disputes and complaints, and it has won unanimous praise from customers.