Generally speaking, the house bought by loan can only be transferred to others after paying off the loan, but in reality, the second-hand house that has not paid off the loan can also be bought and sold, for example, the house can be transferred by refinancing.

The specific operation of buying and selling the outstanding loan property:

1. Mortgage loan: The simplest and most direct way is to sell or transfer personal housing to a third person, and apply for personal housing loan to change the loan term, borrower or collateral. However, some cities, such as Beijing, have suspended the remortgage business in second-hand housing transactions at the end of 2007. As far as I know, the main purpose of stopping refinancing this time is to control the potential risks of banks and squeeze out the real estate and stock market bubbles. However, according to industry experts' analysis, the remortgage business should not be permanently suspended. Therefore, I suggest taking a chance at the local bank before considering selling the property with outstanding loans.

2. Pay off the remaining loan with the buyer's down payment: this is the most widely used mode in second-hand housing transactions at present. This method is suitable for the case that the original owner's loan amount is low or the remaining loan amount is small after a large amount of repayment. Usually, the buyer will recognize the down payment of 30% to 40% of the total turnover of the property, and the seller can pay off the remaining loan with the down payment of the buyer, and then cancel the mortgage registration of the property and make the next transaction.

3. Use the bank loan to pay off the remaining loan: If the seller wants to pay off the loan before selling the property or the buyer is optimistic but unwilling to buy the property with outstanding loan, this method can be adopted. But the premise is that the homeowner can apply for a loan only if he has collateral (such as other real estate) recognized by the bank. In this way, the homeowner can lend a certain amount of money to the bank through mortgage loan to repay the real estate loan he wants to sell, thus contributing to the success of the transaction.

4. Pawn financing: Pawn financing is characterized by fast payment and convenient procedures. As long as there are legal collateral (including jewelry, cars, etc.). ), you can lend money immediately after valuation. However, the disadvantage of pawn financing is that the rate is very high and the interest rate burden of the financier is heavy. Therefore, unless the buyer has recognized the house and promised to make a deal as soon as the loan is paid off, this financing method is generally not recommended.