Buying a house in Japan and paying it off

If I were to buy a house in Hokkaido on a 35-year loan with the intention of living there indefinitely, but later at some stage in my life something unexpected happens and I have to sell it away, how many years at minimum would I have to have lived there so that the price of the sold house can pay off rest of my loan (i.e. that I won’t have to lose money)? Ten years? Sorry for the naive question, I’m new to the whole real estate market.

by bahasasastra

Leave a Reply
You May Also Like