A scam to buy a house by installment.

1, the scam of house down payment by installment, the concept of down payment by installment is very vague, or it can only be said that the down payment time has become loose, which is not a real down payment by installment. If the developer uses the money for other purposes, or there is a problem with the chain, then the buyers will bear great risks.

2. The down payment installment is suspected of taking loans, but it is difficult to supervise. Many lenders in the banking sector have said that if banks know that developers pay down payment in installments and help buyers pay down payment, they may refuse to approve loans.

Some bankers also said that it is difficult for banks to hold developers accountable because banks have no right to investigate who the down payment of property buyers comes from. "The bank only needs to make sure that the buyer has the ability to repay on time."

3. If the developer lends money to the buyers himself, it violates the basic principle of lending. If developers lend money to buyers through a third party, it is difficult for banks to supervise.

For property buyers, both the loan contract and the purchase contract are signed by themselves, which is an expression of subjective will. Developers only admit that they have played an intermediary role, and banks have no way to verify it. Therefore, from the perspective of the whole market, the result is unfavorable to property buyers.

2. The down payment for buying a house can lead some unscrupulous developers to cheat buyers by "selling one room and two houses". Some people in the legal profession said that according to the installment payment in the current market, developers generally have to wait until the buyers pay off all the house payment before they can apply for household property rights. If during this period, the developer does not register the Commercial Housing Sales Contract signed by both parties with the housing management department, it may lead some unscrupulous developers to deceive property buyers by "selling one room and two houses".

Friendly reminder:

If "installment payment" is selected, it must be stipulated in the contract that the commercial housing sales contract signed by both parties shall be registered and filed by the housing management department.

The above is related to the installment of down payment for buying a house, and I hope it will help everyone!