How long does it take for the second-hand house transaction funds to be supervised?

After the second-hand house loan bank disburses the money, the bank funds will be supervised for 15 days. Generally, after 15 working days, after the second-hand house is completed, After the transfer procedures are completed, the bank will disburse the purchase price after receiving instructions. In fact, the supervision of second-hand housing funds is very important. It can protect the rights and interests of both parties, especially the purchase of a house. If the supervision of second-hand housing funds is not passed, if there is a dispute between the two parties during the transaction, then the buyer will Being in a passive state is particularly troublesome to deal with.

Capital supervision is also called third-party supervision and is mainly used for real estate transactions. It means that the transaction funds between buyers and sellers are transferred by the real estate administrative department in conjunction with the bank and the institution with guarantee qualifications to open a fund supervision "special account" in the bank, rather than directly transferred through the brokerage company. After the transfer is completed, the buyer, seller and the intermediary *** both send house transfer confirmation instructions to the bank, and then the bank transfers the frozen funds to the seller's account.

What is the capital supervision process for second-hand houses?

1. The buyer and seller (or in an intermediary company) sign a "Real Estate Sales and Purchase Contract".

2. The buyer and seller bring the sales contract, ID card, and real estate certificate to the bank to sign the "Existing Housing Transaction Fund Custody Agreement" and open a bank card or passbook.

3. The buyer transfers the down payment of transaction funds to the bank and informs the bank.

4. The bank confirms the payment and notifies the buyer and seller to go through the transfer procedures for the second-hand house.

5. The buyer and seller submit copies of the real estate transaction registration acceptance receipts to the bank for verification.

6. After bank verification, the down payment will be transferred to the seller’s designated collection account.

7. The seller receives the down payment and continues the property transfer procedures.

8. The buyer will transfer the balance to the bank, and after the property transfer is successful, the buyer will transfer the payment to the seller.

How to charge second-hand house fund supervision fees

Generally speaking, second-hand house fund supervision is a free service, and transaction guarantee agencies do not charge fees. However, areas with special requirements and regulations are excluded. If the transaction between the buyer and the seller cannot continue for some reason, they can apply to the regulatory agency to lift the supervision. No liquidated damages and fees will be charged for lifting the capital supervision. The buyer and the seller need to sign an agreement to lift the capital supervision with the regulatory agency.

When supervising the funds of second-hand houses, the bank accounts of the buyer and seller need to be provided. Some regulatory agencies stipulate that you can use an account with an existing custodian bank without opening a new account, but it must be a local account and have a personal transfer function.