An 80 year old man still wants to buy a suite, is it appropriate?

Of course it's appropriate. As long as the elderly themselves have this ability, they can buy a house at the age of 80, live in it themselves, and use it for the elderly.

Suitable for 80-year-olds, you can also buy a house. What's wrong with living the life you want and having a home of your own? Who said 80 years old. Why can't you buy a house for yourself?

Personally, I don't think there is anything suitable or inappropriate, if the old man is in the financial capacity to allow, then it is normal to buy a house, as a child or an outsider can not interfere, if the old man has no economic situation, but ask his children to buy a house, then it is a bit unreasonable!

Is it appropriate for your 80-year-old to still want to buy a suite? I don't think it's appropriate for an 80-year-old to buy another house, so now he can live in a house if he has a house, so there's no need to spend that money to buy a house again, I don't think it's appropriate. Where's my like, thank you?

Therefore, it is better to keep the money you have for medical treatment in the future.

As long as you have money and no financial pressure, there is nothing inappropriate, and you can buy it if you want.

Yes, as long as you have an economic foundation and good health, you can buy a house regardless of age.

In fact, I think it is more appropriate to buy a house now, you can give the house to your children, or you can live by yourself for a period of time and then give it to your children, which is also okay.

Legal analysis: According to the provisions of Article 5, Paragraph 2 of the Measures for the Administration of Personal Housing Loans, when applying for a housing loan from a bank, the borrower should have a certain ability to repay, that is, salary income and bank statements. There is a clear age limit for CPF loans:

If the buyer has paid the CPF loan on time, if the borrower is eligible for the CPF loan, the maximum term of the CPF loan shall not exceed 5 years after the borrower's retirement. If a male retires at the age of 60, the maximum number of years can only be borrowed until the borrower is 65 years old; Women retire at the age of 55 and can only borrow for a maximum period until the borrower reaches the age of 60. Therefore, people over the age of 70 cannot take out a loan when buying a house.

Legal basis: Article 5 of the Measures for the Administration of Personal Housing Loans The borrower must meet the following conditions at the same time:

1) Have a permanent urban residence or valid residence status;

2) Have a stable job and income, good credit, and the ability to repay the principal and interest of the loan;

3) have a contract or agreement for the purchase of housing;

4) If you do not enjoy the housing purchase subsidy, no less than 30% of the total price of the house purchased shall be used as the down payment for the purchase of the house; 30% of the part borne by the individual as the down payment for the purchase of the house is eligible for the housing purchase subsidy;

5) Assets approved by the lender as collateral or pledge, or units or individuals with sufficient solvency as guarantors;

6) Other conditions stipulated by the lender.

The age of 80 is already beyond the bank's age requirement for borrowers, and it is basically impossible to make a payment for goods unless it is paid in full.

In addition to the requirements for the borrower's repayment ability and credit status, the bank also has restrictions on the borrower's age.

Different banks have different requirements for the age limit of borrowers, for example, Bank of China requires the borrower's age to be erected + the loan period is 65 years (male), and the borrower's age + loan term is 60 years (female); ABC requires borrower age + loan tenure of 70 years (borrower age is between 18-65 years old). Therefore, before applying for a loan, the borrower must consult the loan bank to clarify the loan requirements and then determine whether it is suitable to apply for a housing loan.

There are no special conditions for the old man to sell the house.

2.According to Article 41 and Article 42 of the Law of the People's Republic of China on the Management of Real Estate in Pants Yanhuai City, a written transfer contract shall be signed for the transfer of real estate, and the contract shall specify the method of obtaining the land use right.

3.When real estate is transferred, the rights and obligations specified in the land use right transfer contract are transferred accordingly.

Lawyer's analysis: In China, the elderly need to meet certain legal conditions and regulations to buy a house. First of all, the elderly should have a stable income** and property accumulation, which can help to ensure the security of the property and the legitimacy of ownership.

Secondly, the elderly need to have no illegal or criminal record, so that they can provide a more legal and secure background for their own home purchase. In addition, the purchase of a house by the elderly also needs to meet the requirements of local land planning and use. In the process of buying a house, the elderly also need to pay attention to relevant financial and tax issues.

For example, if the elderly use a housing provident fund loan, they need to follow the relevant regulations and standards of the housing provident fund; If the elderly have financial problems such as property tax and deed tax, they also need to declare and pay in accordance with legal procedures. At the same time, many policies and measures have been introduced for the elderly to buy houses. For example, the elderly can enjoy preferential policies such as housing subsidies and public rental housing discounts.

In addition, when buying a house, the elderly can also give priority to the purchase of housing that is located in the elderly community or equipped with exclusive facilities for the elderly.

Legal basis]:

Article 595 of the Civil Code of the People's Republic of China: A sales contract is a contract in which the seller transfers the ownership of the subject matter to the buyer and the buyer pays the price.

To a certain extent, it shows that there are fewer and fewer people with mortgages, and many people may not buy houses anymore, and a certain place has introduced measures to extend the age period of mortgage mortgages to 80 years old.

Although this measure can reduce the burden by extending the mortgage term, I don't want to choose to pay off the mortgage at the age of 80.

I wouldn't choose this way because my ability to pay off my mortgage will decrease after retirement, I don't want to bear the pressure of a mortgage for the rest of my life, and I want to have a happy and comfortable old age.

First, I want to live a comfortable and happy old age, and I don't want to be bothered by a mortgage.

When you are 80 years old, you will truly enter old age and live a life of retirement. After most of my life's hard work, what I hope to get most at this time is a comfortable and happy life in my late years, so I don't want to be troubled by the mortgage at this time, and I will definitely not repay the mortgage at the age of 80, but will pay off the mortgage as soon as possible, so that I can have a safe and comfortable life in my old age, so that I can be happy every day at the age of 80.

The second point is that my ability to pay my own mortgage after retirement will decrease, so I don't want to pay my mortgage after retirement.

After retirement, you will rely on your pension to live, and your income will become limited, so your ability to pay your mortgage will decrease. I don't choose to pay off my mortgage after retirement, but I choose to pay it off when I'm young. At this time, I am full of energy, and I can get more income from Liang Shen by working hard, and it will be easier to repay the mortgage.

Thirdly, I don't want to bear the burden of a mortgage for the rest of my life, so I won't have to pay it off at the age of 80.

Although you only need to take out a part of your income to repay the mortgage, so as not to seriously affect your life, this is a lot of pressure on yourself after all. As long as the mortgage is not paid off for a day, you will have to bear the pressure of a day. You don't want to be under this kind of stress for the rest of your life.

Therefore, I will definitely not repay the mortgage at the age of 80, and I will definitely pay off the mortgage at a young age.

Whether a 70-year-old is worth buying a house depends on their personal circumstances and financial conditions. Here are some considerations:

1.If the elderly have sufficient financial means, buying a property can provide a safe and stable place to live without worrying about the instability of the rental environment.

2.If the financial conditions of the elderly allow, the purchase of real estate can also be used as an investment, and it is possible to obtain asset appreciation in the future.

3.However, for 70-year-olds, there may be some challenges associated with buying a home, such as the need to bear additional expenses such as loan interest and property management fees.

4.In China, the rental environment can change rapidly, and if the elderly choose to buy a property, they can get a relatively stable living environment.

5.If the elderly live in a city with better elderly care services and facilities, buying a property may help them better enjoy these services and facilities.

To sum up, for 70-year-olds, whether buying a property is worth it depends on their personal circumstances and financial conditions. If the elderly have sufficient financial means and the purchase of a property has a positive impact on their living environment and elderly care, then it is worthwhile to buy a property.

It's worth nuncing. When the economic conditions allow, the elderly still buy a house of their own, which belongs to them when they are alive, and when they die, their children can also inherit it.

When the elderly buy a house of their own, they can have a stable place to live, and they don't have to worry about living in a messy house, so it is worth buying a house for 70-year-olds.

This means that in the "population war" in major cities, the "parent war" has increased and broadened the preferential treatment of "buying a house and adding leverage".

The impact of the city's "population war" on the property market is that it is equivalent to bypassing the purchase restriction and legally issuing house tickets to the incremental population (those who have migrated large). However, in order for these tickets to be cashed, they are subject to the restrictions of the loan policy, especially the limitation of the loan period.

For example, some cities stipulate that only after the parents retire can they move with their children. In this way, with.

The age of the moving parents is at least 55 (mother) to 60 (father), and the number of years of loan is very short. If the loan age can be generally extended to 80 years old, it means that many people will be eligible for "property market leverage".

Many people living in first-tier cities and second-tier cities often want to move their parents* to "borrow their names to buy houses". Especially in the "lottery era" when the new house is upside down, buying is earning, and the parents* move in, which at least means that the winning rate will increase by 100% to 200%. Moreover, it also got a chance to "first home", and in some Changstool cities, there are a series of preferential lottery, low *, low mortgage interest rate increase, and low deed tax.

The pain point of buying a house with your parents' name is "short loan term". The emergence of the 80-year-old loan ceiling solves this pain point very well.

Whichever city is the first to achieve the "80-year-old payment ceiling", which city will attract more people and stabilize growth, it will be more tolerant to achieve. If the central bank does not stop this practice, it is believed that more cities will introduce this policy.

Second, it means that "you don't buy a house, you own someone else's house".

The extension of the upper age limit to 80 means that more families will be moving their parents* to buy a third or fourth home in a big city. If you don't buy it, someone else buys it. The goal of regulation is to balance supply and demand, and now it is "demand" that is cold, so regulation begins to increase demand.

To put it bluntly, if you don't buy it, regulation will lead others to buy it.