2014-09-05

Ningxia Real Estate Agency Suddenly Shuts

Ningxia is one of the poorer and less developed provinces in China, but this is still big news: on September 3, all 120 offices of Xinglin Real Estate suddenly closed. Home buyers who made down payments with the agency are wondering if they will get their money back.

宁夏一大型房产中介公司突然关闭 引发大批购房者恐慌
Ningxia Xinglin Real Estate Marketing Planning Co. in Yinchuan more than 120 stores on the 3rd suddenly all closed, Xing Lin Property Yinchuan Corporation also deserted. As the company fails to handle the purchase contract procedures, refund the purchase money and other reasons, at present, Yinchuan City Public Security Bureau has been receiving various buyers report.

On the 4th morning, reporters came to see Xing Lin Property Corporation Yinchuan, all staff have disappeared, office supplies scattered on the ground, a few pieces of work uniforms still hanging on a hanger, there have come to beg for paying back the principal buyers .

Buyers杨雪萍told reporters in June she came home buyers and real estate registration Xing Lin signed a purchase contract, and then in the process of loan procedures, Xing Lin estate staff asked her to put 136,000 yuan in down payment money hit the company accounts, and promised 45 working days of the agency good down payment procedures. But then the company has repeatedly delayed the time until the 3rd at noon, she again came to ask for the first payment, the staff go out to lunch to leave the grounds, then no audio.

According to Yinchuan City housing security management bureau chief intermediary thunderous introduction, since nearly three months, the company received complaints 120 times, mainly related to the collection of housing down payment is not timely refund and other issues. 3 pm Intermediary Management Division and found Hing Lun Property Yinchuan headquarters and more than 120 stores all closed, and the Xing Lin Nadu real estate property within the same legal entity more than 50 stores are all closed, the legal representative can not contact Wubing Lin on.

According to reports, Yinchuan City housing security bureau, although remind buyers pay attention to transaction security funds, the funds into a special account free financial supervision, but Xing Lin gullible buyers of real estate commitments, the money directly into the company's unregulated account. According to buyers, said the amounts involved per person per household from a few million to hundreds of million dollars

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