What's the difference between buying a house in a different place and buying a house locally?

In the army of buying houses, a considerable number of people have the demand of buying houses in different places. They have to buy a house in a foreign land because of their work needs or willingness. In short, buying a house in a different place is very common. So what's the difference between buying a house in a different place and buying a house locally? Is there anything special to pay attention to when buying a house in a different place? Bian Xiao helped you sort out this knowledge. Let's have a look.

First, what is the purchase of a house in a different place?

Buying a house in a different place means that the location of the buyer's household registration and the location of the purchased house are not in the same province. Now, an important problem faced by buyers in different places is the policy, especially the purchase restriction policy, which can only deter all buyers.

Second, we should be familiar with the policies related to housing loans in different places and choose houses with corresponding prices according to our own affordability.

Many people choose to buy a house in a different place, that is, they plan to develop their own cities in the future, which is equivalent to laying a good foundation for life in advance. Therefore, buyers from different places must be familiar with local purchase policies and understand local purchase forms. If you buy a house with a loan, you need to know the local loan interest rate policy. There may be a gap in interest rates between different banks. Different places have different regulations on the second purchase and multiple purchases. Be sure to understand clearly before buying a house.

Third, the off-site provident fund policy

It should also be noted that if you choose the provident fund to buy a house, you need to know whether you can use the provident fund in different places. Different housing policies have been introduced in different places, such as household registration transfer and government subsidies. These can be learned through the internet before buying a house, or ask sales staff such as real estate agents.

Fourth, commercial loans.

Commercial loans should follow three principles:

1. The monthly repayment amount of the loan is ≤ 50% of the monthly disposable income-monthly property management fee;

2. The monthly repayment amount of the loan ≤ monthly disposable income-monthly property management fee-55% of the monthly repayment amount of other debts;

3, cash, bank deposits and other emergency funds need to be able to maintain daily expenses for more than three months, in case of emergency.

V. Requirements for individuals to apply for housing loans:

1. Agree to use the purchased house as collateral;

2. The borrower's age plus the loan period shall not exceed 65 for men and 60 for women;

3. Have full capacity for civil conduct; Have permanent residence or valid residence status in China;

4, must pay a down payment of not less than a certain percentage of the total price of the purchased house;

5. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan;

6. A house purchase contract or agreement has been signed.

Six, foreigners need conditions to buy a house with bank loans.

1. Agree to use the purchased house as mortgage guarantee.

2. The age of the borrower plus the loan period shall not exceed 65 for men and 60 for women.

3. Have full capacity for civil conduct; Have permanent residence or valid residence status in China.

You must pay a down payment of not less than a certain percentage of the total price of the house purchased.

5. Have stable professional and economic income, good credit and the ability to repay the principal and interest of the loan.

6. A house purchase contract or agreement has been signed.

The above is the information about buying a house in a different place compiled by Bian Xiao, hoping to help you.

Source: Network

(The above answers were published on 20 18-05-04. Please refer to the actual situation for the current purchase policy. )

When buying a new house, go to Sohu Focus.