The risk of buying a house under the borrower's name;
1 If you need to register the rights holder's qualifications and conditions to enjoy the preferential conditions, the registered rights holder will usually lose the opportunity to enjoy the preferential conditions again after buying a house under his name, such as the preferential policies for the first suite in some cities and the order of winning the lottery.
If the investor does not purchase the house in full, but goes through the mortgage formalities, and the investor fails to fulfill the mortgage repayment obligation, it will actually affect the credit qualification of the registered obligee, and even the bank will directly ask the registered obligee to repay.
3. If the registered creditor fails to repay the due debts, the creditor shall apply to the court for compulsory execution. When the court finds out the property of the person subjected to execution, it will regard the house purchased in the name of the registered obligee as the property of the registered obligee, which can be kept as the property necessary for the life of the person subjected to execution, but the execution of other property will lead to the execution of the property necessary for the life of the registered obligee.
If you want to avoid these risks, don't buy a house on an excuse. If there is a dispute over buying a house on the pretext of borrowing money, you must ask a lawyer for help. Lawyer Jin Shuangquan specializes in real-name housing disputes and has a high success rate.