Is it reliable to buy a house with zero down payment? What s the deal with buying a house with zero

Buying a home with zero down payment is unreliable. First of all, buying a house with zero down payment is just a marketing tool for developers, and buyers only hold off on the down payment, and they also need to pay a certain handling fee.

Secondly, there are legal disputes in the purchase loan contract for the purchase of a house with zero down payment.

Finally, buying a house with zero down payment violates the relevant policies formulated by the state and banks, and indirectly increases the bank's lending risk.

But there is this way of buying, in fact, the so-called zero down payment to buy a house, just to lower the threshold of buying a house, not a real zero down payment, because the so-called zero down payment, will require the head of the household to pay a deposit in advance, and after moving in, you have to pay 10% of the house price, so this is not a zero down payment at all.

It's unreliable. Because of the real estate that is generally marketed in general, they are just to advertise themselves, and the quality of their properties is also very poor, and the location is not very good.

It is unreliable, and such houses are relatively expensive, and you have to repay a lot of loans every month, which is not very cost-effective.

Buying a house with zero down payment is unreliable because there is a lot of risk, and there will be a lot of money at a later stage, which should still be paid in full.

1. The truth of "zero down payment".

The so-called "zero down payment" means that the buyer pays the down payment by the developer or the guarantee intermediary ** when buying the house, and repays the down payment on a regular basis without interest or at low interest every month in accordance with the agreement between the buyer and the developer or the intermediary.

However, in addition to the down payment, the remaining balance of the house purchase is still the buyer who applies for a loan with the bank mortgage and repays the loan on time every month. Then, home buyers will face the impact of financial pressure on the down payment, monthly payment, and taxes paid at the time of delivery.

Many developers will play a sign of buying a house with zero down payment to attract buyers to buy a house, and buying a house with zero down payment refers to the behavior of the developer paying 30% of the down payment. There are two main ways to buy a house with zero down payment, one is essentially equivalent to an installment down payment, that is, the buyer does not pay or pays a small amount of down payment, and the developer gives the buyer a year or a few months to make up the remaining down payment and then apply for a mortgage. The other is to make high contract prices and false loans, which is more difficult to operate and increases the risk of buying a house for buyers.

Buying a home with zero down payment sounds beautiful, but it's actually not as good as the developer advertises. The so-called zero down payment seems to have no threshold, and anyone can apply for it. In fact, the zero down payment threshold is higher, at least you need to have the qualifications to buy a house, if you are a foreign buyer, more than one year of social security certificate or tax certificate is indispensable.

Secondly. Buyers who apply for zero down payment must have a stable financial income, repayment ability and a good credit history, otherwise they will not be able to apply for a bank loan.

3. The risk of buying a house with zero down payment

Buyers who buy a home with zero down payment must meet the state's loan standards, and if there is a new change in the home purchase policy or a change in the mortgage interest rate after one year, these are the risks that the buyer needs to bear. In particular, if the buyer's loan terms are not approved by the bank, whether the developer will refund the purchase price that has been paid. This is also a risk that home buyers need to consider.

From the above examples, we can know that, generally speaking, if we see some real estate developers offering preferential policies similar to the above mentioned zero down payment house to buy a house, then we should pay special attention and pay attention. In addition, it is also possible to know that buying a house with zero down payment means that we can move in directly without having to pay a higher amount of down payment in advance, but it is likely to cost too much in the process of repaying the mortgage in the later stage.

There are many intermediaries doing to buy a second-hand house with zero down payment, and then do a bank mortgage after buying it in full, and some of the ** loans from the bank are enough to cover the purchase price, so only a part of the funds can be obtained after deducting the handling fee. Buyers need to have a stable income to repay the interest on the bank loan.

I haven't heard of it, but now we all have a down payment of more than 50 in our city.

Summary. Hello, unreliable. But there is this way of buying, in fact, the so-called zero down payment to buy a house, just to lower the threshold of buying a house, not a real zero down payment, because the so-called zero down payment, will require the head of the household to pay a deposit in advance, and after moving in, you have to pay 10% of the house price, so this is not a zero down payment at all.

Hello, unreliable. But there is this way of buying, in fact, the so-called zero down payment to buy a house, is just to lower the threshold of a house to buy a house, not a real zero down payment, because the so-called zero down payment of a lead family, will have to ask the householder to pay a deposit in advance, and after moving in, you have to pay 10% of the house price, so this is not a zero down payment at all.

I've paid a deposit of 10,000 yuan, what should I do?

Dear, it is recommended to negotiate a settlement, usually the deposit is non-refundable, but there is also the possibility of negotiation.

Under normal circumstances, the deposit for the purchase of the house can be refunded, but if the buyer has signed a relevant contract with the developer, the deposit is non-refundable, and the developer has the right to ask the buyer for compensation.

I wrote it on a blank piece of paper, because I was afraid that I would not be given this pressure at that time, and it was not on the contract with zero down payment.

Dear, the deposit can be refunded without signing the contract.

Oh, the premise is that if the merchant has a breach of contract or concealment, fraud and other problems, it can ask for a refund. Unilaterally violating the payment of the agreed fee may not be refunded. If you have paid the deposit and have not signed a deposit contract, you can ask for a refund of the deposit on the grounds that you cannot agree on the contract.

Ask about custom messages].

I just told the man who sold the house that she could change it.

Good. When I signed the contract, I was given some proof that the house was mine.

Please think carefully about signing the contract.

What is it that I am thinking about, I am now a down payment, and I have made it clear to her.

Dear, if you have sufficient funds, don't worry about these problems, you can follow the normal process, but the later repayment pressure of 0 down payment is relatively large.

The down payment requirement is 20%, and there is basically no zero down payment, according to your down payment and loan term interest rate, generally 20 years is more cost-effective, and 10 years and 15 years are a bit of a loss.

National policy: In the "Notice of the General Office, the Ministry of Construction and Other Departments on Adjusting the Structure of Housing and Stabilizing the Housing", in order to curb the excessively rapid housing prices, from June 1, 2006, the down payment ratio of individual housing mortgage loans shall not be less than 30%. Taking into account the housing needs of low- and middle-income people, the down payment ratio of 20% is still implemented for the purchase of owner-occupied housing with a floor area of less than 90 square meters.

Specific examples of high ratings and high loans:

A house with simple decoration that was actually sold for 120,000 yuan.

1) Help you evaluate the house to 150,000, down payment of 10,000, loan 10,000, so that you can borrow 15-12 = 30,000 yuan, so that your actual down payment of 10,000-30,000 = 10,000, the down payment is lower!

2) Assessed to 170,000:

Down payment of 10,000, loan of 10,000, so that you can loan out 17-12 = 50,000 yuan, so that your actual down payment of 10,000-50,000 = 10,000, close to zero down payment!

Basically, there are very few now, they are all banks, you can spend some money, find some relationships for you, do a qualification flow, credit information, can give you a high evaluation, and some houses can also have zero down payment, that is, pay more money every month.

The down payment requirement is 20%, and there is basically no zero down payment, according to your down payment and your loan term interest rate is different, generally 20 years is more cost-effective, and 10 years and 15 years are a bit of a loss.

Now there are fewer, but there are still users who collude with developers to defraud banks and implement 0 down payments.

Yes, some real estate projects will discount the cost of the down payment in order to **. It becomes a zero down payment.

Can you buy a house with zero down payment? If you haven't bought it yet, come and take a look.

Now there is no zero down payment to buy a home

1. Buying a house with zero down payment is risky, and the buyer will pay off the down payment within a certain deadline. The developer will also charge a certain processing fee for most of the zero payment, and the developer will require the buyer to pay off the entire down payment on the mortgage within one year.

2. Zero down payment does not mean that buyers do not have to pay for a down payment. It is really paid in advance by the developer or real estate agent; Presumably a fake to raise housing prices; Take out more loans from the bank to get a down payment. It is important to note that buying a home with zero down payment is not in line with the policies of the country and the bank.

Accept zero down payment; Customers who also need to take out a loan from a bank to buy a house.

3. The developer privately accepts zero down payment; There is no policy requirement that the down payment ratio of the first housing loan shall not be less than 30% and the down payment ratio of the second housing loan shall not be less than 60%; Contrary to the policy of the state. At the same time, due to the fact that the lender did not actually deliver the down payment.

4. Be cautious when handling zero down paymentThe lawyer said that the practice of buying a house with zero down payment and low down payment is strictly speaking suspected of loan fraud. All or most of the funds for the purchase of a home are loans, which will also bring unprecedented repayment pressure to buyers. "No matter how long the repayment time is, it will be repaid after all, and the time cost is not low, and it is easy to affect personal credit.

Summary. 1. The so-called zero down payment means that the part of the mortgage loan exceeds or reaches the selling price of the house, which can achieve zero down payment. This can be done either because the appraisal price is higher than the transaction price, or the house is sold for less than the market price in the same circle.

2.Buying a house with zero down payment is more stressful, and proof of income must be twice the monthly repayment. The interest rate is higher, and the monthly repayment is high.

The pressure of repayment will increase in the later stage. 3.Zero down payment seems to be very ethereal, but there are also such cases, for example, the area of the house is relatively large, when the bank appraises, the appraisal is relatively high, assuming that the house is 1 million, and the bank appraisals that you can borrow 1 million.

That's zero down payment, but there are many loans and monthly payments, so it is recommended not to be greedy.

Hello, it's good to buy a house with a down payment.

1. The so-called zero down payment means that the part of the mortgage loan exceeds or reaches the selling price of the house, which can achieve zero down payment. This can be done either because the appraisal price is higher than the transaction price, or the house is sold for less than the market price in the same circle. 2.

Buying a house with zero down payment is more stressful, and proof of income must be twice the monthly repayment. The interest rate is higher, and the monthly repayment is high. The pressure of repayment will increase in the later stage.

3.Zero down payment seems to be very ethereal, but there are also such cases, for example, the area of the house is relatively large, when the bank appraises, the appraisal is relatively high, assuming that the house is 1 million, and the bank appraisals that you can borrow 1 million. That's zero down payment, but there are many loans and monthly payments, so it is recommended not to be greedy.

4."Zero down payment" to buy a house is not in line with the relevant policies of the state and banks. Customers who use "zero down payment" to buy a house and have to borrow from a bank, if the developer adopts "zero down payment" without authorization, there is no down payment ratio for the first housing loan in strict accordance with the regulations.

The lender does not actually make the down payment and cannot truly own the ownership of the house purchased, and the bank grants a loan, which will inevitably increase the risk of the bank loan.

The fourth is especially important, the state clearly stipulates that the down payment must not be less than 20% of the house price!

Do the math how much it will cost you to renovate your home

In the traditional thinking of the Chinese people, they can live in peace and work, but at present, the housing prices in major cities in China are so high, it is still very difficult to realize the dream of buying a house. Some real estate projects have also launched some measures to buy a house with zero down payment, but is it reliable to buy a house with zero down payment? Let's find out.

1. Buying a house with zero down payment is just a marketing tool.

Buying a house with zero down payment is just a marketing method adopted by the developer in order to attract buyers, it is not a real purchase of a house with zero down payment, but the developer has advanced the down payment of the buyer, which needs to be repaid by the buyer within a certain time limit, and it is also necessary to charge a handling fee for this part of the payment. Therefore, buying a house with zero down payment is only a temporary down payment, and the cost needs to be higher.

2. There is a legal dispute on the purchase contract with zero down payment.

As mentioned above, the purchase of a house with zero down payment is actually the advance payment of the down payment by the developer or real estate agency, which indirectly inflats the price of the house virtually, so from the bank's point of view, when signing such a mortgage loan contract, it is very likely that there will be a legal dispute that needs to be weighed by all parties who buy the house.

3. Zero down payment destroys the purchase of a house that does not comply with the relevant national policies.

One of the most important aspects of buying a house with zero down payment is that it violates the relevant policies of the state and banks on housing loans. First of all, the purchase of a house with zero down payment does not comply with the relevant requirements set by the state that the down payment ratio of the first home mortgage loan shall not be less than 30%, and the down payment ratio of the second home mortgage loan shall not be less than 60%. Second, because the buyer does not make a down payment on the real meaning, the buyer cannot own the property rights of the purchased house, and the bank lending is equivalent to indirectly increasing the risk of the loan.

Article summary: The above is the answer to the relevant content of "Is it reliable to buy a house with zero down payment", I hope to bring some reference help to friends in need. If you need to know more about real estate loans, please continue to pay attention to other relevant information of Qeeka Home or find an authoritative legal expert in the industry for consultation.

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