The down payment has been made for the loan to buy a house, but the house price has fallen during the period when the bank loan has not been made. How to safeguard the rights and interests of buyers?

The down payment has been made for the loan to buy a house, but the house price has fallen during the period when the bank loan has not been made. How to safeguard the rights and interests of buyers? Can I get compensation? According to the national laws and regulations, when signing a housing contract, it belongs to the principle of mutual voluntariness. Therefore, even if house prices fall, the law will not support property buyers to claim compensation from developers.

There is only one way to claim compensation, that is, the developer wrote in the contract that the house price will not fall, and only in this way can the claim be made.

Under normal circumstances, the purchase contract will specify what to do if the buyer wants to return a house. The most common thing is to pay a certain penalty, which is generally a given proportion of the total house price, depending on what the agreement says.

I am very opposed to the landlord doing such a thing as smashing the property. In the end, the loss outweighs the gain. Even the defendant will go to court.

My suggestion is to unite all the owners who have suffered losses and ask the developers for compensation. Many hands make light work. Even if the law can't support you fairly, the judge will be partial to you. Although I think it's unrealistic to ask for return a house, because the developer is now in the stage of withdrawing funds, and the money may go bankrupt. Therefore, as far as possible, developers are required to compensate for some projects, such as parking spaces, free property fees, parking fees, elevator fees, cleaning fees, and developers paying house deed taxes.

Hope to adopt, thank you!