What are the most common mistakes a person might make when buying a home?
Buyers are most likely to make five mistakes
Have you made them?
Buying a house is a big problem because it
uses six wallet pockets throughout the family. Many people will be cautious in
the process of buying a house, afraid of having made mistakes, and lost money
and houses, but mistakes are inevitable and a little carelessness will lead to
the wrong step. Some appear to be small, but the impact is very serious. Today,
let's talk about what mistakes are easy to make when buying a house.
1. I don't care about the purchase contract and the invoice
Sign the formal purchase contract. At the
time and place proposed, the buyer must prepare all certificates and sign the
purchase contract with the developer or agent.
In general, the developer will issue an
invoice to the buyer after the payment is made. Some buyers are more careless,
after a period of time, they cannot find the purchase contract and the invoice.
As we all know, the purchase invoice will not
only affect the withdrawal of the reimbursement from the pension fund but will
also affect the owner's handling of the real estate certificate, the settlement, the secondary transaction, etc.
In addition, if there is any
problem with the house in the future, the invoice is also the evidence to
safeguard the rights. Therefore, the buyer must keep the purchase contract, the
loan contract, and the invoice correctly.
2. Initial payment with multiple credit cards
In theory, it is better to buy a house, a
car, and a spaceship. As long as the financial system of the other party
supports it and is willing to make such a launch, it can even swipe 10,000
credit cards.
However, I must emphasize the point of knowledge that has been
lost: the credit card still needs to be returned.
A credit card is a personal loan tool. It is
like a card. When a savings card is taken out, it ends. When a credit card is
removed, it must be returned.
It seems to me that many people rarely think about what to do after using this loan product. I can't understand the use of bare
loans to buy packages. To be honest, you must buy lottery tickets to bet or sell nude photos online. I
can understand that. But when you buy a bag, you may be able to return 0% of
the money.
Only one credit card can be used. Even if you
swipe your card every day, you will be given a buffer period of no more than 2
months maximum. Beyond this buffer period, you must pay interest at a rate of
five tenth days.
This is an annual interest of 20%, that is, your down payment
of $ 300,000 is $ 3,000,000 a year later, and becomes $ 750,000 of debt five
years later. So, if you can return it within two months, you don't need a
credit card. If you don't, think about the price you have to pay.
It is said that an installment payment can be a low cost. Of course, that's true, but it's only about the high 20% interest
rate on the credit card. The fee itself has a management fee, some banks will
also charge interest, calculated downwards, the annualized interest is
basically around 10%.
This may seem like a viable approach, but there are two problems:
One is that the amount of the credit card
will affect the amount of your loan. That is if you want to make more loans,
it is unlikely that you have too many large credit cards to use, and the
interest on the loan is usually more favorable than the interest on the credit
card, so you should consider how to choose.
The other is that there is a lot of
reimbursement pressure after buying a house. Even if you grant loans in several
strange ways, such as the time difference, and there are many high-value credit
cards available at the same time, you should also consider whether you can
withstand that repayment pressure. And if there is enough mattress for unpredictable
risks in the future.
3. Issue fake admission certificate
It is not advisable to use false income to
prove how to buy a house with a loan. Once the bank finds the fake income
certificate, you can enter the blacklist of bad credit. Not only can the loan
not pass the exam and the approval, but it will also become an obstacle for
future loans.
Therefore, when buying a house, you should first consult the loan
bank, do what you can, and not let the fake income certificate become the trap
that affects the transaction.
Because the bank has requirements for the
lender's income, some people want to issue some false income certificates to
fool the bank because the income does not meet the standard for the bank to
issue loans. But it is illegal to issue false income certificates from the legal point of view.
Current banks are interconnected and can be found, but if
part of your salary is paid in cash, there is no way to verify it. Once the
bank discovers that not only will it refuse to lend, but also the buyer will
have legal responsibility. Even if the loan has passed the exam, the bank will
recover it.
About proof of income:
The income certificate is a type of proof of
economic income that Chinese citizens need in their daily business activities
of production and life. In general, when applying for visas, bank loans, credit
cards, etc., they must issue a certificate of economic income issued by the
units in question.
Notes on the income certificate:
First: pay attention to the necessary format
when issuing a certificate of income.
Second: the income certificate must be sealed
with a "new deal", that is, the copy of the income certificate is not
valid.
Third: the seal must be the financial seal or
the official seal of the unit. And it must be a round seal.
Therefore, the buyer should not issue a false
income certificate because their income is not up to par, otherwise, the gain
is not worth the loss.
4. Repayment on the refund date
After the general loan, the bank will have a
specific payment date. If the buyer pays on the date of reimbursement, it is
likely that he is in a situation of late deposit. The day of the invoice is
delayed for 20 days. It is your payday. If the refund date is refunded, I suggest
you go to the counter or the ATM, because only in this way can you guarantee
the arrival in real-time.
Alipay or other forms of payment only allow
individual banks to arrive in real-time. We have to remind you that the
repayment of the mortgage loan does not have a grace period like the ordinary
loan. If there is no deduction on the day of the refund, the bank is likely to
recognize it as past due.
Therefore, we try not to delay until the
repayment date to deposit the money in the mortgage loan repayment account. If
conditions permit, you can configure the bank card association function so that
you can pay automatically each month, saving many problems with manual
transfer.
5. Forget about releasing the mortgage
After the house payment, the house does not
necessarily belong to you! The buyer must go to the loan bank to provide the
loan settlement certificate, and then go to the housing registry department to
manage the cancellation of the housing mortgage registration procedures, otherwise,
the state of the home still It shows "under mortgage", which means
that the home loan has not been canceled, and the house cannot be listed and
marketed normally. Then, the buyers of the loan after paying, do not forget to
raise the mortgage!
Write here, many people think that buying a
house is really very problematic. But as long as you know more about
this, you can still buy a good house. I sincerely wish you all a good house.
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