1. Bank approval: First, you need to negotiate with the lending bank and get their approval. The bank will evaluate the current debt situation and the value of collateral and decide whether to agree to transfer the ownership of the house.
2. Sales contract: Once approved by the bank, you need to sign a sales contract with the buyer. The contract shall clearly stipulate the conditions and responsibilities of real estate transfer, and both parties shall abide by them.
3. Debt settlement: Before the house transfer is completed, you must pay off all overdue debts. This may include repayment of outstanding payments, fines or interest. Ensure that all related expenses are paid before the house is transferred.
Summary:
The house with overdue credit can be transferred, but it needs to be negotiated with the loan bank and approved. Before transferring the ownership of the house, all overdue debts must be paid off and a sales contract must be signed with the buyer.
Extended data:
-If the credit is seriously overdue, banks may seek legal remedies, such as enforcing collateral. Therefore, before trying to transfer ownership, it is recommended to actively communicate with the bank and explore solutions.
-In the process of house ownership transfer, you may need to consult professional legal services to ensure the compliance of contracts and debt settlement.
-In China, the relevant legal basis includes the Guarantee Law of People's Republic of China (PRC) and the Contract Law of People's Republic of China (PRC). Please consult local legal experts for accurate legal advice under specific circumstances.