On February 4, 2024, the reporter learned from real estate agents in many cities that many owners have recently wanted to give their houses to interested buyers for free because of housing prices and debts, as long as the other party can bear the remaining loans. These **** seem to be cheap, but in fact there are many risks and hidden dangers, and the receiver needs to verify with multiple parties when considering this kind of ** to avoid being deceived.
The owner cannot afford to repay the loan and wants to give the house "free" to others.
According to the reporter's investigation, most of these under the banner of "free house" were purchased at the peak of the real estate market, when the housing prices were higher, and the owners did not hesitate to increase leverage, borrow high-interest loans, and even borrow money from relatives and friends in order to buy a house. However, with the regulation and downturn of the real estate market, the ** of these houses has appeared to varying degrees, and some have even fallen below the cost price, and the investment income of the owners has become a loss. Coupled with the impact of the epidemic, some property owners have reduced their income and are unable to continue to repay their loans, facing the dilemma of insolvency. In order to get rid of this dilemma, some owners want to transfer the house to others, as long as the other party can bear the remaining loan, they no longer ask for other fees, and are even willing to bear a part of the taxes and intermediary fees, playing the gimmick of "free house", which has attracted the attention of many buyers.
The reporter found some similar information on the real estate agency in many cities, such as "my house is free to send, has been for 5 years, as long as I take over the remaining 460,000 yuan loan, the monthly payment is less than 2,500 yuan, and the rental over there can also rent more than 2,000 yuan", "the house is free to send, as long as the owner pays off about 1.16 million yuan of debt, more than 100 square meters, the developer is finely decorated", "the house is free, as long as you bear the remaining loan, the house is rough, you need to decorate it yourself, and the monthly payment is about 3,000 yuan" and so on. These ** **, compared with the market price of the same type of house in the same area, have a lot of room for discounts, which looks very attractive.
Receivers should be cautious and pay attention to potential risks and hidden dangers.
However, these seemingly inexpensive ** actually have a lot of risks and hidden dangers, and the receiver needs to verify it from multiple parties when considering this kind of ** to avoid being deceived. The reporter interviewed some industry insiders and legal experts, and they reminded that these "free house" ** may have the following problems:
High-interest loan issues. The original owner may not be able to continue to repay the loan for various reasons, and may transfer the house to someone else to ease his burden. However, the person who takes over these homes may face high loan interest and repayment pressure, which may even exceed the market value of the house. If house prices continue**, the receiver could fall into deeper losses.
Legal disputes or property issues. The original owner may have unclear or disputes over the property rights of the house due to debt disputes, inheritance, marriage and family, etc. If you take over these houses, you may get into complex legal disputes and bring unnecessary trouble to yourself. For example, the original owner may have been sued or enforced, and the house may be seized or mortgaged, making it impossible for the receiver to transfer or live in it.
Quality issues or safety hazards. The original owner may be unable to continue to live or rent the house due to aging, damage, illegal construction, etc., and transfer the house to another person. However, these houses may have quality issues or safety hazards, posing a safety risk to the person who takes them over. For example, the house may have structural defects, water and electricity problems, fire protection problems, etc., which require the receiver to invest a lot of money and effort in repairs or renovations.
In short, there is no such thing as a free lunch. In the face of the "free house" **, we must keep a clear head and don't be greedy for small gains. At the same time, we should also raise our awareness of self-protection to avoid falling into unnecessary legal disputes and risks. When considering this kind of **, we have to verify the specific situation of the house itself, such as whether it can be handled immediately for online signing, whether there is a mortgage seizure, etc. Secondly, we need to verify the basic information of the homeowner, such as whether it has been sued or enforced, and whether there are other debts or disputes. Finally, we need to pay attention to the process and details of the transaction, such as whether it is necessary to transfer the ownership with a mortgage, whether it is necessary to bear taxes and intermediary fees, etc. Only by doing this can we ensure our legitimate rights and interests and avoid being deceived.
February** Dynamic Incentive Program