I bought a house with a 40 year title and regretted dying

No, there are no regrets about the 40-year ownership of the house. Introduction to the main pros and cons:

1. Pro: A house with a 40-year property right is not a small property right house or an illegal building, and it can be purchased normally. The property rights mentioned here refer to the term of land use, that is, the 40 years indicated on the land use certificate.

Under normal circumstances, the 40-year property right is commercial, tourism, and entertainment land, and the water and electricity bills of such house residents will be higher than that of ordinary residents in accordance with commercial standards.

2. Disadvantages: Because it is for business purposes, water and electricity are **, there is no gas, and the ring tower is not suitable for living, and the loan interest rate is rising.

After buying a developer's property for 40 years, you can't really own the house for 40 years, and you need to renew the property right after the expiration of the property right period. A house with a 40-year property right is not a small property right house or an illegal building, and it can be purchased normally.

Generally speaking, it is not possible to settle down. Now there are several ways to get a Shanghai hukou:

Fresh graduates from other places who find stable jobs in Shanghai can enter through the form of points. However, it is now basically difficult for non-985 graduates to settle down, and there are many professional restrictions.

Through the introduction of talents, that is, special talents, academicians, experts who enjoy special allowances can be directly introduced.

The tenure of the house is a priority for many buyers, as there may be a significant renewal fee to be paid after the expiration of the land use right.

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

So, what should I do if I regret buying a house with a 40-year title? What are the pros and cons of a 40-year title house? Let's take a brief look at it together.

1. What to do if you regret buying a 40-year property right house If you regret buying a 40-year property right house, you can resell the house to the owner in need, but in the process of trading, the seller needs to pay higher taxes and transaction fees, including deed tax, personal income tax and value-added tax, etc., which is generally not worth it. After the expiration of the property right, the owner can apply to the relevant volley department for renewal and pay a land transfer fee to continue to use it. 2. Advantages and disadvantages of 40-year property rights Advantages of annual property rights The planned use of 40-year property rights houses is commercial land, and most of them will be built in more prosperous areas, which can facilitate the owners to commute to work.

The most important thing is that the usable area of the 40-year property right house is relatively large, and the load-bearing wall is generally not set in the room, and the owner can design and transform it according to his actual situation. In addition, the supporting facilities around Fangsoliangzi will be relatively complete, and the owner can also make it into an apartment for rent, and the rent is very considerable. Disadvantages of a house with an annual property Buying a house with a 40-year property will have a higher proportion of down payment, and you can't use the provident fund, so the pressure of borrowing will be much greater than that of a house with a 70-year property right.

In addition, if the house wants to be resold in the later stage, the taxes and fees that need to be paid will be relatively high, and many owners will be more mindful of the lack of 40-year property rights of the second-hand house, and the difficulty of changing hands is higher. Summary: After the expiration of the 40-year property right, you can apply to the local authorities for renewal, and then re-sign the land use contract, as long as the house is not within the scope of forced demolition, in fact, you can not worry.

Enter the area and get the decoration for free**].

A 40-year property can be bought. The 40-year property right referred to here is the 40-year property right stated on the land use certificate. Under normal circumstances, the 40-year property right is commercial, tourism, and entertainment land, and the water and electricity bills of the residents of this type of house will be higher than that of ordinary residents according to commercial standards.

A house with a 40-year property right can be listed and traded, and it can be bought and sold if it can be transferred. The term of land use rights varies according to the nature of the land.

Article 12 of the Interim Regulations on the Assignment and Transfer of Urban State-owned Land Use Rights Article 12 The maximum term for the transfer of land use rights shall be determined according to the following purposes:

1) Residential land for 70 years;

2) 50 years of industrial land;

3) 50 years of land for education, science and technology, culture, health, and sports;

4) Commercial, tourism and entertainment land for 40 years;

5) Fifty years for comprehensive or other land use.

When buying a house, there are many issues that need to be paid attention to, such as: the property rights of the house, which are also of more concern to everyone, generally the property rights of the house are 50 or 70 years, but there will also be 40 years of property rights. So, let's share with you whether you can buy a house with 40 years of property rights and what are the risks of buying a house with 40 years of property rights.

1. Can I buy a house with 40 years of property rights?

A house with a 40-year property right is not a small property right house, nor is it an illegal building, it can be purchased. The property rights mentioned here refer to the land use period, that is, the 40 years indicated on the land use certificate. Under normal circumstances, the 40-year property right is commercial, tourism, and entertainment land, and the water and electricity bills of the residents of this type of house are charged according to commercial standards, which is higher than that of ordinary residents.

2. What are the risks of buying a house with a 40-year property right?

1. The risk that it cannot be used for residence in the future.

A 40-year property is a commercial property and cannot be used for habitation. It is not possible to change its use, and many cities may allow it, but only for a short period of time, which does not mean that it can be lived in permanently.

2. High down payment and short loan term.

A 40-year property is cheaper than a 70-year house, and the down payment ratio for commercial housing in most cities is 20%-30%, and there are discounts for the first home, and the loan term can be as long as 30 years. However, the 40-year property right is of a commercial nature, the down payment ratio of the house is about 50%, the loan term is up to 10 years, and the loan interest rate is doubled.

3. You can't settle down.

40-year property rights commercial houses can not be settled, do not affect the children's school conditions because of the 40-year property rights house.

4. The cost of living is relatively high.

The water and electricity bills of the house with a 40-year property right are charged according to the commercial standard, and the commercial water and electricity bills are higher than the residential water and electricity bills. There are also 40-year property rights that cannot be gased, which affects our lives.

Article summary: The above is to share with you the relevant content of can you buy a house with a 40-year property right, and what are the risks of buying a house with a 40-year property right, I hope it can help you. It's best for everyone to think carefully when buying, and it's up to you to decide whether to buy or not.

It is not worth the annual property right house has nothing to do with small property rights, everything that is called small property rights is illegal, and some rural brigades or industrial parks use the land that the state does not allow ** to give to users according to the residence, and there is no legal real estate certificate. The 40-year property right house is a large property right, there are legal sales procedures, and the residents can also obtain the legal property right certificate.

2. Why does the country have the difference between the property rights of the year, which is determined by the division of land functions, that is, the state first plans a certain piece of land, whether it is for residential use or to build Xingxun shopping mall, or to build office buildings, which is determined first, and then put this land into the land trading market source answer field and sell it to the developer. According to the current national regulations, the land planned for residential buildings is 70 years of property rights, 50 years for office buildings and hotels, and 40 years for shopping malls.

Therefore, when the developer acquires the land, he decides how many years the land he will take. If you get a shopping mall plot, it is 40 years, and if you get an office plot, it is 50 years.

But why are office buildings and shopping malls being sold as residential by developers? This is because China's residential market is relatively hot, many developers see that the housing is selling well, they will modify the building standards of the shopping mall or office building plot in their hands without authorization, build it according to the appearance and function of the residence, and then sell it as a residence to buyers. This is the reason why many people do not understand why the annual property ownership house cannot be settled, because it is not a residence at all, and of course it cannot be settled.

Regret in selling.

Advantages of 40 year property rights for commercial real estate:

1. The mortgage time for commercial residential buildings is when they are delivered, while the mortgage for 70-year property rights is when the house is closed.

2. Commercial nature, that is, if the house is demolished after 40 years of property rights, the compensation obtained will be higher than that obtained by the 70-year property right residential house.

3. Commercial houses can be self-occupied, or they can be registered as office buildings.

4. Commercial houses generally have more high-end living facilities around, which is a reflection of living standards.

5. The demolition time of commercial houses is short, and the time for changing houses can be preferred.

6. The commercial houses are all single aristocrats, corporate white-collar workers, and the overall quality of the population should be high.

7. Commercial houses have no impact on the second change to large-area housing, and they can still enjoy the first mortgage interest rate.

8. The commercial land is much more reasonable than the commercial ratio of residential in terms of shop structure, so it can soon form a community-centered business atmosphere, which can attract more popularity, and the popularity is high, and the investment reporting rate will inevitably be higher.

9. Commercial scale form, complete surrounding facilities, shopping and shopping, convenient eating. Property management will be more standardized and in place.

10. Commercial houses are generally called single apartments, so the area will not be very large, so the total price is low, suitable for investment and transition.

Disadvantages of 40-year property ownership in commercial real estate:

years are called commercial land, and most of the real estate water and electricity charges and property fees are levied according to commercial standards, which is very expensive! And there is basically no gas!

2. Commercial real estate mortgage loans require a down payment of 50%, a loan term of up to 10 years, and a corresponding increase in loan interest rates;

3. Commercial real estate cannot be settled and cannot meet the requirements of some investors.

Buying a house with a 40-year property right will regret it, because it has a commercial nature or a mixed land nature, commonly known as an apartment, its water and electricity bills are calculated on a commercial basis, and otherwise there are gas and gas pipelines, and the people living in the apartment are mixed, and the most important thing is that the apartment cannot be settled and there is no degree.

I regretted buying a 40-year house! What is the difference between 40 and 70?