"The supervision of funds depends on how long you have been trading. The fastest thing is that the seller's house has no loan, and the buyer buys the house in full, so that after the buyer's fund supervision, he can complete the evaluation and transfer the ownership, and then he can get the money after the fund supervision and transfer.

But in our actual transaction, the seller has a loan, and the buyer mortgage to buy a house has many things, and the time will be much longer. The specific process is as follows:

1. Sign a second-hand house contract, supervise the down payment, and apply for a bank loan at the same time.

2. House price evaluation (this will be done soon)

3. The bank issues a loan commitment letter (this depends on the loan qualification of buying a house and the bank's policy, and the time is uncertain).

4. The seller redeems the building (as long as the funds are in place, this is also faster, usually within one week).

5. After the redemption, go to the real estate bureau to cancel the mortgage registration (it can be completed in one day).

6. Transfer of ownership between the buyer and the seller

7. If the supervision of funds is released and there is no clear time limit for the supervision of funds lending to the seller's account "#", the supervision of funds will not end until the transfer is completed. However, if the term is too long, there are risks. If there is a dispute during the transaction, the buyer is very passive. Many buyers are forced to compromise, give up the owner's liability for breach of contract and condone the owner's breach of contract in order to return the down payment as soon as possible. However, there are no relevant regulations on the time of bank fund supervision, so it is suggested that the effective time should be agreed when signing the fund supervision agreement, which is generally three months and the longest is no more than six months. If the transaction is not completed by the time limit expires, the first payment will be automatically returned to the buyer's account.

In this way, once the transaction fails, the buyer can cancel the contract, claim compensation from the owner and buy other houses separately. "# How long the fund supervision depends on how long you trade. Fund supervision must be credited to the fund supervision account when you buy a house and sign a contract. Until the property transfer is completed, the fund supervision will be lifted. In general, this stage is about one month. If the seller is red, the procedure will be faster.

The above contents are for reference only, I hope I can help you. Thank you for your support. I wish you a happy purchase!