How long is the process of buying a house in Japan?

From signing a sales contract to getting a real estate license, it takes about a month to buy a house in Japan. There are no restrictions and thresholds for foreigners, they don't need to be Japanese, and they enjoy the same purchase price and tax as Japanese. The steps are as follows. Understand the information and make a plan. || Find a Japanese real estate that suits you. |||| Submit the application for house purchase. |||| Accept the loan review. ||| Sign a sales contract. |||| The selected property management company. |||| Used for settlement and handover.

It can be completed in about a month at the earliest. Need to submit a house purchase application, sign a sales contract, settle accounts and transfer ownership. There are no restrictions and thresholds for foreigners to buy a house in Japan, and they don't need to be Japanese, so they can enjoy the same purchase price and tax as Japanese. What type to buy, where to buy or how many sets to buy are also the investors' own decisions. But it doesn't mean that it's just a matter of paying for delivery, or it needs to provide some simple written materials. The following is a detailed explanation.

First, the transaction signing process of buying a house in Japan to understand the information and make plans. According to the difference of self-owned funds and personal attributes (annual income, work place, etc.). ), the types of Japanese houses that can be purchased will also be different. How much money to use, whether to borrow from financial institutions, etc. You need to have a plan that suits you.

Find a Japanese property that suits you. There are many Japanese real estate portals on the Internet, which investors can certainly search. However, this information is time-sensitive, and the house you are satisfied with may not be still for sale, so it needs to be confirmed specifically. Or communicate with Japanese real estate and receive new housing information at the first time. No matter what the house is like, developers or real estate agents need to arrange to see the house. If you can't go to Japan to see the house in person, you can also entrust an intermediary to show the house by shooting videos and photos.

Submit a house purchase application. It is suggested to prepare the required notarial certificate in advance, including basic information such as name, domestic address and personal seal. After you have made clear your own purchase budget and standards, if you find a suitable house, you can immediately ask a Japanese real estate agent to help you submit a letter of intent for buying a house.

Accept the loan review. If the amount of the purchased property is relatively large, and you want to purchase the property by means of loan, you need to accept the loan review. For foreigners who have no Japanese identity and no credit accumulation, it is difficult to get loans in Japan in their own name. If such foreigners want to borrow money to buy a house in Japan, they will generally use companies registered in Japan, and in the name of Japanese companies, they can generally apply for loans smoothly.

Sign a sales contract. After accepting the explanation of important matters arranged by Japanese real estate agency, the buyer and the seller reached an agreement and signed a sales contract (transfer). If you buy a property that is being rented, be sure to confirm whether the settlement of the deposit and the settlement of the daily rent are correct.

Choose a real estate management company. If you entrust the management of real estate in the later period, you need to choose a management company. There are both cases of taking over the management company from the seller and finding the management company again. Even if you are self-employed, you need to find a rental agency that can recruit residents in advance.

Carry out settlement and handover. The so-called settlement refers to the payment and completion of the transaction, that is, the buyer pays the seller for the goods. After that, the house is delivered (the seller gives the buyer the relevant documents of the house, the guarantee letter of auxiliary equipment, etc.). ), the house sale transaction is completed. After the judicial clerk handles the transfer formalities, he can get the real estate license in about two weeks. If the payment is successful, it can be completed in about one month at the earliest from signing the sales contract to getting the real estate license.

Second, the materials needed to buy a house in Japan When determining the purchase of real estate, investors must first apply for purchase, and then submit a letter of intent to buy a house.

When preparing to formally sign a real estate sales contract, investors need to prepare identification (ID card, passport, etc.). ), notarial certificate (including the notarization of basic information such as name, domestic address and personal seal. ) and power of attorney (applicable to the case of entrusting an agent to buy a house).

Proof of identity (ID card, passport, etc.) at the time of settlement and delivery. ) and the notarial certificate stamped by the investor. These materials are the same as before and do not need to be prepared repeatedly.

How to pay for buying a house in Japan needs to be paid in Japanese yen, and all the money needs to be directly remitted to the bank account of the real estate company. You need to pay a deposit of 10% before signing the contract. The remaining money and miscellaneous expenses must be paid when the property is delivered.

Japanese house purchase

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