1: The fund supervision is to transfer the house payment to the account designated by the Housing Authority first, and then sell the house for a week or so to collect money. Without supervision, the money is sent directly to the seller, and the two parties negotiate to pay before or after the transfer.
2. There is no charge for fund supervision, but after the transfer, it should be supervised in the account designated by the Housing Authority for about one week. If a loan is made, the regulator will charge a guarantee fee.
Fund supervision, also known as third-party supervision, is mainly used in real estate transactions, which means that the buyer does not directly pay the house price to the seller, but puts the funds under transparent third-party supervision. Figuratively speaking, fund supervision is equivalent to the "Alipay" we use in online shopping. One is cash on delivery, and the other is transferring the house to the seller.
Operation method of fund supervision:
After the buyer signs a contract to confirm the purchase, the house payment will be frozen before the transfer to ensure the safety of funds. When the seller sees the real house payment, he can also transfer the ownership with confidence. After the transfer, the house payment will be thawed to the owner immediately. Through this model, the buyer can purchase the property smoothly, the seller can receive the house payment quickly, and the transaction can be completed smoothly and orderly.
Benefits of fund supervision to buyers:
① Avoid the risk of house seizure.
Although house verification can avoid the risk of mortgage and seizure of houses to a certain extent, it is difficult to find out whether the seller has other debts, such as private loans, which have not been filed with the Housing Construction Committee and the bank. Once the seller does not pay, the house is at risk of being sealed up. If the down payment is paid directly to the seller, there is no fund supervision, the seller is insolvent, and the buyer's money and house are gone.
(2) to prevent the problem of one room and two sales funds.
According to the regulations, in the case of one room and two sales, who will generally transfer the house? The seller will resell the house to others without your knowledge. If the payment is made directly to the seller, the buyer needs to recover the money through litigation. If the transfer is not under the supervision of funds, the money will still be in the supervision account and will be returned directly to the buyer after the contract is terminated.