What is the impact of buying an unfinished property? Why can t you buy an unfinished building?

Unfinished building. The main impact is that the residents cannot be delivered and moved in according to the delivery, and the resulting consequence is that the residents' housing improvement, marriage, and children's school attendance cannot be met.

If you are unfortunate enough to buy an unfinished building, you will bring yourself a steady stream of troubles, including inconveniences in personal family finance, work, life, children's education, etc.

Although I didn't buy an unfinished building, there is an unfinished building opposite my community, and I have relatives and friends around me who have bought an unfinished building.

Educate. At a class reunion, I learned that a high school classmate bought a real estate building opposite my community. He said that it was very popular when he bought it at that time, and it was also very discounted, there were more apartment types and floors to choose from, and there were many people around him queuing up to buy, so he made a move.

The important thing is that there is a newly built primary school next to the community, and the environment and teachers are good. Therefore, he said that in order for the children to be able to go to school conveniently, he decided on this community. It was normal for two or three years from the start of sales to the first two or three years of construction, but in the fourth year of sales, the community gradually stopped.

After my classmate paid the down payment, the contract formalities were delayed until the child was in the first grade of elementary school. The house was built but not perfect, it was impossible to live in, and there was no purchase contract and invoice.

However, as a student enrolled in a public primary school in a residential area, in addition to other materials, it is also necessary to issue relevant real estate certificates: "House Ownership Certificate" or "Real Estate Ownership Certificate" of 100% property rights of parents or grandparents, or purchase contracts and invoices. There was no way, and the classmates could only temporarily send their children to private primary schools.

Family influences. I have heard that many large real estate companies use money to enclose land, and then use land to circle money, and the cycle is like this, but the construction site is stopped soon after the start of construction, resulting in a lot of unfinished real estate, and finally suffering a lot of citizens.

When I bought a house, I almost bought a fund-raising house from their group with my classmates in a state-owned enterprise. Later, the house was also unfinished, supposedly because the group had withdrawn its investment. But my classmate has already taken out a loan, but the house has not yet been built, and the loan has to be repaid every month.

The two of them, whose income was not high, made their lives even worse. In the rest of his life, whether at home or outside the home, or at work, everyone in his family was worried and shadowed by the purchase of an unfinished building.

When I first bought a house, I resolutely bought an existing house or a quasi-existing house, the main reason was that there were too many unfinished situations, and no one could guarantee whether it would happen to me. Therefore, in 2015, I bought more than 4,300 square meters of **, and the house was about 3,300 square meters at that time; Now in the past so many years, the existing house is about 7,000 square meters, and the off-plan house is about 6,000 square meters. According to the price difference of 1,000 square meters, a down payment of 100 square meters of house is also a difference of 30,000 yuan, so I will not buy an off-plan house anyway.

Taking a step back, if there is no existing house or quasi-existing house in the whole city, what if I buy a second-hand house? Therefore, it is really not recommended to risk waiting for a few years or even the risk of not being finished to buy off-plan property in order to save tens of thousands of dollars.

1. I can't get the house after I pay the money. After buying a house, they all want to receive the house as soon as possible, but the unfinished buildings are usually handed over indefinitely, and the buyers pay the money but cannot receive the house.

2. The property rights of the house pass in the process of unfinishing. Generally, the property rights of the house are 70 years, and the property rights are calculated from the beginning of the developer's land.

What should I do if I buy an unfinished building?

First of all, it is important to understand that unfinished real estate is usually divided into active unfinished and passive unfinished.

1. Take the initiative to finish.

The so-called voluntary unfinished work refers to the developer's own initiative to stop all the construction of the real estate. When the developer took the land and started to build a building, suddenly the housing price market has changed dramatically, and there is no way to sell the property that has been built, and the developer is all for the purpose of profit, if the development continues and the house can not be sold, it will face bankruptcy, so there is no choice but to give up.

2. Passive unfinished.

Generally speaking, passive unfinished work actually refers to the developer's behavior of stopping the construction of real estate due to external factors, such as the rupture of the developer's capital chain. Under normal circumstances, passive unfinished properties are due to broken capital chains, project disputes and illegal development, which lead to the inability to continue construction of the real estate and become unfinished real estate.

To protect their own rights and interests, they should be clear about the following points:

1. Don't check out easily.

If you find that the property you are buying is unfinished, most people will check out immediately, but it is not recommended. If the developer repeatedly delays the delivery time and encounters a crisis of unfinishedness, you must not check out, because at this time the developer has no balance to pay the owner's purchase price, and after checking out, you cannot immediately recover the house payment, you can only get an IOU or receipt.

In addition, if you check out, then at this time, the relationship between the buyer and the developer will change from a buyer and seller relationship to a creditor-debt relationship, and the problem will be difficult to solve.

2. Don't be too anxious to sue the developer.

Many home buyers are afraid that the developer will run away when they encounter the situation of unfinished buildings, so they immediately sue the developer, but it is not appropriate. Because I feel that if the investigation is clear that there is a possibility that the purchased real estate is unfinished, do not rush to the court to sue first, and give the developer a little time to see if it can raise funds in a short period of time and complete the project, so as to minimize the possible losses.

3. It is better to unite and unite.

If you come across an unfinished property, then please don't panic too much and it is best to find other buyers in the same phase of the property. If the buyer decides to sue the developer, it is important to unify the opinion and work together so that the existing buyers are not compensated and some are not, so that there will be many surprises in the court when dealing with the follow-up matters.

It is useful to fight lawsuits in unfinished buildings. If you buy an unfinished building, you can go to the people's court to file a lawsuit to demand a refund of the house payment, but many unfinished buildings are caused by the developer running away or the project funds are insufficient, so the possibility of recovering the house payment is very low. Regardless of whether the developer has the ability to pay and whether it has the ability to continue to fulfill the delivery agreement, it is very necessary to sue.

What should I do if I encounter a bad end in buying a house?

1. If it's just a break in the developer's funds, give the developer a little time. If the developer can raise funds in a short period of time and complete the follow-up works, the unfinished houses can be revived.

2. If the developer goes bankrupt and the building is unfinished, the house must not be returned to the developer. Because after moving out, the buyer can only get a receipt or an IOU. The relationship between home buyers and developers will change from a buyer-seller relationship to a creditor-debtor relationship.

The creditor-debtor relationship has a lower priority than the consumer relationship in the subsequent auction bankruptcy and debt repayment sequence of the court.

3. After the developer goes bankrupt, the buyer can still apply to the housing management department for the real estate certificate in accordance with the procedures. It's better to have property rights in hand than to get nothing.

What happens when there will be unfinished buildings?

Most of the unfinished buildings are due to the rupture of the capital chain and the unfinished project, at this time the developer has no money to continue to build the house, which leads to the suspension of the real estate and cannot be built again. In fact, the developer does not want to encounter such a situation, and will try to continue the development in other ways, but the syndicate is also unwilling to continue the loan, and the project cannot be transferred to other investors, so it can only be unfinished.

After understanding the reasons for the formation of unfinished buildings, it should also be very clear that the emergence of unfinished buildings has a lot to do with the strength of the developer, and when encountering a weaker developer, the development of the real estate is likely to be unfinished.

In addition, we should pay special attention to the cheaper houses, such houses may also have unfinished houses, this kind of cheap houses have actually been rotten in the hands of developers, but the unfinished buildings have been re-developed by other developers. However, buyers should pay attention to the fact that such a house has been rotten for a period of time due to its bad predecessor, and the remaining property rights of the house have also decreased, so it will be sold at a low price.