How Does the Process of Buying a House Work?

Maifang refers to buying real-estate houses from real estate agents or other development units, or buying second-hand houses from other real estate owners, obtaining detailed information about the house through advertisements, and then deciding to buy. The channels for obtaining real estate information include real estate activity promotion, outdoor advertising, newspaper advertising, online advertising, friend introduction, etc. Once the purchase is confirmed, the parties to the housing transaction must apply for a real estate title certificate to ensure that the buyer uses the real estate right.

Buy a house

(Word Analysis)

Part I: Getting Ready to Buy a House

1. Outdoor advertising

The content of buying a house may only know the information of new real estate, and the information of second-hand housing may be difficult to find. There is also a lot of outdoor advertising is old, even real estate advertising a few years ago, so learn to distinguish!

2.Newspaper ads

Although the information about buying a house in the newspaper is new, some of the information about buying a house has only a textual summary and even exaggeration, so it is difficult to know the real information of the house.

3.Real estate website

Real estate websites can learn a lot of information about buying and selling houses, and can also communicate with netizens, such as

Environment = Greening Rate

The residential community environment includes more than just a green coverage of not less than 33%. It includes green hard paving, fences, gates, event facilities, various signage, water features, reliefs, sculptures, lighting facilities, and sound facilities. Etc., and these must be related to

When to apply for a title certificate

Signed by the parties to the sale of the house

Deed tax: refers to

Calculation of second-hand housing taxes

Home insurance

1. Property insurance. Value compensation to guarantee the realization of mortgage.

2. Comprehensive insurance

Represented by Suzhou and Beijing, since 1993, low-interest loans to support the purchase and construction of housing for employees have been implemented to reduce the risk of loans and ensure the safety of loan funds. Comprehensive insurance was carried out by the Suzhou Branch of the People's Insurance Company of China. Item content:

1. Property insurance for the property mortgaged by the borrower;

2. The borrower loses part or all of its ability to repay due to an accident or illness;

3. Loss of principal and interest on the loan caused by the borrower's inability to repay the loan or deliberately owing to the account for other reasons.

The insurance period is from the date of obtaining the loan to the date when the loan is fully repaid. During the insurance period, if the principal and interest of the loan are lost due to the reasons mentioned above, the insurance company shall be responsible for compensation. Different from property insurance, in addition to property insurance, comprehensive insurance also covers the life and credit of the borrower in a comprehensive manner, thus ensuring the safety of the lender's funds.

Beijing's home purchase mortgage insurance is the same as Suzhou General Insurance's property insurance and personal accident insurance. The third type of insurance liability is the failure of the borrower's unit to be closed, revoked, combined employment, policy layoffs, and unemployment or income decline. When the loan is repaid for more than 3 months, the insurance company is responsible for repaying the principal and interest of the loan for 24 months.

3. Credit insurance. Cities such as Chengdu and Shanghai are exploring the form of a credit guarantee provided by a qualified social intermediary service agency, that is, a housing purchase guarantee company, to borrowers. When an individual applies for a loan to buy a house from a bank, the housing real estate guarantee company provides professional guarantees for the individual. When the borrower cannot repay the loan according to the loan contract, the housing real estate guarantee company assumes joint responsibility and is responsible for repaying the loan. When providing a guarantee for an individual, the housing purchase guarantee company shall also require the guaranteed person to provide a counter-guarantee to the housing purchase guarantee company in the form of a mortgage on the purchase or construction of the house. The housing real estate guarantee company, while undertaking joint and several debt repayment obligations, exercises the mortgage right and disposes the mortgaged property according to law; and is responsible for removing the mortgagee from the mortgaged house and properly resetting the mortgagee. What needs to be mentioned is that, unlike general insurance, the housing real estate guarantee company has the power to dispose of the mortgage and get compensation.

Main contents of real estate insurance contract

Name and address of the insurer. The name and domicile of the insured and insured, and the name and domicile of the beneficiary of life insurance. Subject of insurance. Excluding insurance liability and liability. Insurance period and insurance liability start time. Insurance value and insurance amount. Insurance premiums and payment methods. Insurance compensation or payment methods. Liability for breach of contract and dissent. The date of the insurance contract.

How are the insurance premiums for existing and off-plan homes calculated in housing insurance?

Total insurance premium = insurance amount × annual insurance rate × payment factor

Among them: the insurance amount is the total purchase price; the basic insurance rate is 0.8 , and the additional earthquake insurance rate is 0.2 ; the payment factor is determined according to different loan life, which is actually the discount factor.

How to calculate the insurance premium of off-plan housing?

There are many loan buyers who buy off-plan homes and often move in a few months or a year later, so the insurance premium is calculated from the date of arrival to the end of the loan. In addition, because the insurance fee is paid in advance when the loan is issued, before the insurance takes effect, that is, there is a period of time before the check-in, the interest generated during this period will be deducted Calculated, the one-year housing period is calculated based on the demand deposit interest rate), that is, the buyer will not incur any interest loss because of paying the insurance premium in advance on the loan issuance date.

How to buy insurance for a house

Individuals do not have compulsory insurance when purchasing a house, but when an individual applies for a public housing loan and a commercial personal housing guarantee loan because of a house purchase, the loan bank requires the borrower to apply for insurance coverage as a condition for borrowing. The types of insurance designated by the bank are mainly housing mortgages. Other types of insurance include loan guarantee insurance and personal insurance.

Housing insurance is property insurance, which is related to mortgage behavior. The difference between this insurance and home property insurance is that its target specifically refers to the housing purchased with a loan, excluding decoration and other indoor property other than housing. Mortgage home insurance is good for banks and individuals. The bank requires applicants for home purchase loans to insure this insurance because the house is mortgaged when the home purchase is borrowed. The security of the collateral is related to the effectiveness of the mortgage behavior. By participating in the insurance, the risks caused by natural disasters can be passed on. For individuals, the value of housing is high. Ordinary families need long-term accumulation before they can buy them. The family economy cannot afford the unexpected disaster, that is, it is necessary to add insurance to the house after the loan is settled or not loaned to the bank.

When a bank believes that there is a greater risk in repayment of a personal home loan, the borrower is required to take out insurance insurance, and the insurer who insures the insurance requires that the purchased house be used as a mortgage for the loan. This insurance is mainly to protect the interests of the loan bank. When the borrower fails to perform the principal and interest repayment in accordance with the contract for three consecutive months, the insurance company first compensates the bank to recover the loan and interest in a timely manner. The arrears and interest paid, if the borrower is unable to pay the debt, the insurance company has the right to dispose of the mortgaged house.

As a home purchase loan that requires insurance, the bank requires that insurance procedures be completed before the loan is issued. The general procedure is that after signing a contract for housing loan, mortgage, etc. with the individual, the bank goes through notarization and insurance, then goes through mortgage registration, and finally goes through lending.

Buy a house and sign an insurance contract

For real estate insurance, the insurer and the insurer should sign an insurance contract. The specific procedures are:

First, fill out an application form. The contents of the insurance policy include: the name of the insured, the date of insurance, and the name of the insured or beneficiary. Name and quantity of the subject-matter insured, start time of insurance liability, insurance value and insurance amount, etc. An insurance policy is a document applied by an insurer at an insurance company as the basis for insurance acceptance.

Second, issue insurance policies. After receiving the insurance policy from the applicant, the insurer shall review the contents of the insurance policy one by one and conduct on-site investigation, and may issue an insurance policy after determining that the insurance conditions are met.

Third, collect insurance premiums. The insured shall pay the insurance premium to the insurer as scheduled according to the prescribed insurance amount, insurance period and insurance rate. Real estate insurance contracts can also be entrusted by both parties, such as mortgage real estate insurance can be entrusted to banks.

What is housing insurance? What are the benefits of housing insurance for homeowners?

Generally speaking, in housing production. During the process of circulation and consumption, risk accidents may cause damage to the house, and bring economic and living difficulties to the house dwellers. In order to eliminate possible adverse effects, the occupant (rental) can reach an agreement with the insurance company, and the insured pays a certain fee to obtain the insurance company's guarantee of certain economic compensation for the unexpected loss of the house. This type of insurance that targets housing and its related benefits is called housing insurance.

So what are the benefits of housing insurance for homeowners? Housing insurance plays a very important role in both production and business enterprises and residents. Mainly manifested in:

1. Housing insurance can ensure that residents receive certain economic compensation when their houses suffer losses due to natural disasters and accidents, and provide security for residents' daily lives.

2. Home insurance protects the interests of real estate operators. The purpose of real estate operators is to collect rent. After the risk accident, the house was damaged, and the rent was interrupted due to the risk accident. If housing insurance is insured, the interests of operators in this regard can be guaranteed.

3. Housing insurance can increase the creditworthiness of the insured. Insurance has the role of improving credit and promoting financing. For example, when applying for a bank loan with housing as collateral, banks often require applicants to insure their homes to increase the value of their homes. Therefore, housing insurance can help improve the credit of homeowners.