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It won't be finished.
Now many Evergrande have stopped work but will not be finished, because as long as it is recorded, the purchase price will be deposited into the supervision account, and the housing and construction department will pay it proportionally according to the progress of the building. So although the building has not been built, the money for building the house should still be in the account.
Unfinished building. It refers to a real estate project that has gone through land use and planning procedures, but after the project starts, the developer is unable to continue to invest in construction or falls into debt disputes, and the construction is suspended for more than one year.
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According to the research report on China's real estate industry released by HSBC, China's real estate industry will undergo a complete transformation in the next 10 years. The era of leveraged rapid expansion is completely over, developers will have to deal with strict lending restrictions, the industry has entered a stage full of challenges, China Overseas, China Resources, CIFI, Vanke, Poly, Longfor, Greentown, China Merchants Shekou and other industry leaders real estate companies, which adhere to financial discipline and have a relatively low default risk. Other real estate companies are much more likely to have their houses unfinished than these stable developers.
Nowadays, the market is generally sluggish, and the removal rate of its real estate is low, and it is impossible to collect the payment in time, so it is naturally impossible to construct, which can easily lead to the emergence of unfinished real estate.
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What is the most feared thing about buying a house?
Some people say that they are afraid that the price will be reduced as soon as they are bought.
No, no, no, it's not the most feared thing. The most feared thing is that when you buy a house and sign the contract, the developer tells you to wait for two years to take over the house, and you are excited to wait for two years, only to find that the real estate has been delayed and even unfinished.
The price of the house will fall when it is bought, at least the house has been handed down, it can be lived in, and there is a chance to go back.
If the purchase of a house is delayed, or even unfinished, the money for buying a house may be wasted.
By defending their rights, someone may be able to get some money back, which is already lucky. What's even more uncomfortable is that the house is unfinished, and the buyer has to continue to repay the loan. That's really a loss for the lady and the soldiers.
Buying a house is a major event for a family, and at the moment when housing prices are generally high, buying a house requires at least six wallets to support, that is, emptying the savings of three generations, and the savings of three generations are pressed on a house, and if something happens to the house, the sky will collapse.
A few days ago, I was chatting with a college roommate and asked when the house he bought in Nanchang would be delivered, and whether it had fallen. He told me that the average price has fallen by about 2,000, and the developer said that it will be delivered in February 2024, and I don't know if it will be delayed.
He also told me that another college classmate bought a certain Evergrande property in Nanchang that has been unfinished and is currently defending his rights.
In Nanchang, there are not a few real estate projects like this that have been delayed or even unfinished.
In 2021, due to the thunderstorm of Xinli Real Estate, its super ** Xinli City in its base camp Nanchang will be suspended.
Looking around the country, the number of delayed delivery and unfinished houses in Nanchang is still relatively small.
CRIC data shows that by the end of 2021, among its 24 key monitoring cities, the total construction area of undelivered problem projects was about 24.68 million square meters, accounting for 10% of the total area of commercial residential transactions in 2021.
Among them, the delivery risk of Zhengzhou, Changsha, Chongqing and Wuhan projects is relatively large, and the total construction area of the problem projects that have not yet been delivered exceeds 2 million square meters and the total number of units exceeds 20,000 units.
In addition, the number of undelivered real estate units in Kunming is also 10,000
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Now at the economic node, anything can happen:
It is recommended not to buy off-plan houses, buy existing houses, safe and secure.
Hello, whether the real estate will be unfinished is actually related to whether the five certificates are complete or not is not necessary to contact. A house with five certificates can be bought, which is generally safe, but there is still a risk of not being able to apply for a property certificate. If the five certificates are complete, there is a pre-sale license, then it can be sold, because to get the pre-sale license, most of the fees that the developer should pay have been paid, as long as the house is bought normally, even if the sales are not smooth, the price reduction sales can also recover the funds. >>>More
Some people may ask, if the houses are capped, will there be a risk of unfinished? >>>More
The state will not take back the property after the expiration of 70 years, and the land ownership can be renewed, but part of the land renewal fee needs to be paid. Until the land reaches 100 years, the state may choose to use it, but it will not treat the residents of the houses on this land badly and give compensation. The 70-year title is automatically renewed upon expiration, and the title is permanent. >>>More
*Need**. If the house is about to be completed, the owner should go to the online signing as soon as possible. Online signing is an important step in the real estate transaction process, which can protect the rights and interests of property owners. >>>More
Who buys who knows! If you buy it, you can regret it for a lifetime! Such garbage developers are really rare!