1. Regardless of the profession or the legal profession, relevant professionals remind both parties of real estate transactions to be extremely cautious when using this "advance fund" tool. Due to the lack of involvement of guarantee companies and banks, this transaction process is full of risks.
In the past, "remortgage" was mainly the change of the debtor, that is, during the repayment period of personal housing loan, because the borrower transferred the mortgaged property that had been mortgaged to the bank, the loan bank issued the loan to the purchaser (the next home) who bought the mortgaged property, and at the same time the original borrower repaid the loan by selling the price. These processes are all operated by banks, and the risks of both buyers and sellers are relatively small.
Nowadays, for the seller, the recovery of house payment has increased a lot of risk indexes. Because the bank loan must be credited to the account of the loan service company first, and the current loan service company is mixed, irregular and illegal, if it encounters a malicious fraud loan service company, the seller can only admit that it is unlucky.
For property buyers, the risk is more prominent. After the down payment is made, how to supervise the funds has become the key to the problem. In the past, there was such a case that the seller suddenly said that the house was not for sale after receiving the down payment, which triggered a complicated financial dispute.
2. "Custody intermediary" tries to transfer risks, and it is very important to choose the right company.
The so-called "first agent" of a loan service company is not a guarantee business. This business that is not allowed by the regulatory authorities still has great risks.
It is reported that in the relevant regulations, legal entities are not allowed to "advance funds" to nature, so this kind of business is personally represented by loan service companies. There was almost no risk of "advance payment" before. Due to the restriction of the silent period, the funds of the "first payment" company will be immediately replenished by the late loan buyer. However, the new policy has greatly extended the time of "advance capital", thus expanding the cost and systemic risk of "advance capital".
It is worth noting that in the process of "paying in advance" service, loan service companies transfer risks through various measures to ensure that they will not suffer losses. One is to ensure that the whole set of transactions are operated by intermediaries through notarization; Second, when signing the notarization agreement, the seller needs to hand over all the information needed for buying a house and making a loan to the intermediary for safekeeping, including the real estate license, repayment record, ID card, household registration book, loan contract, sales contract, etc. Until the abortion is proved; Third, the loan issued by the bank to the next home must be paid in advance to the intermediary account, and the intermediary pays the house price after deducting the advance payment and service fee.