Home     Forum     401k     401k Rollovers     Crypto Forum
    Register   Login   Members   Search   FAQs     Recent Posts    



Getting a home loan using a house we own in China

Reply to topic
Money Talk > Real Estate

Author Thread
ethan123
First Time Poster


Cash: $ 0.25

Posts: 1
Joined: 02 Sep 2015
Location: Canada
Getting a home loan using a house we own in China  Reply with quote  

Hi

We live in Canada and want a loan to buy a house. We currently own a house in China, and we're planning to sell it roughly 15 years later, but not now because a relative lives there.

We asked a bank (Royal Bank of Canada) if we could count this house as an asset to get a loan, but they said no.

Is there really no way to get any money out of this house in China before we can sell it (since our relative lives there)? Not even a portion?

Thanks for your ideas
Post Wed Sep 02, 2015 2:27 am
 View user's profile Send private message

Reply to topic
Forum Jump:
Jump to:  
  Display posts from previous:      


Money Talk © 2003-2022

Crypto Prices