What about the mortgage when the house is rotten? How to prevent buying uncompleted residential flats?

In fact, we often hear people crying that the house they bought is rotten, and finally they have savings to buy a house. Finally, it was rotten, with a down payment of hundreds of thousands or more. Not only that, the house is rotten, and the mortgage is rotten. If it is not returned, it will be blacklisted. What if the house is rotten? How to prevent buying uncompleted residential flats? In fact, we often hear some people cry that the house they bought is rotten, and finally they have saved enough money to buy a house, but it is still rotten in the end, with a down payment of hundreds of thousands or more. Not only that, the house is rotten, and they have to pay the mortgage. If they don't repay their mortgage, they will be blacklisted. It's really too difficult. How should they work in the face of such a thing? Let me show you the house. What about the mortgage? How to prevent buying uncompleted residential flats?

What about the mortgage when the house is rotten?

In case of such incidents, buyers should keep all contract information and negotiate with developers, relevant banks and insurance companies. If the unfinished auction is only temporary, and the developer continues to complete the property, the mortgage still needs to be paid.

Second, communicate with the repayment bank and see what the bank says. The loan bank communicates with the developer if the situation is long-term. It depends on whether the auction purchase contract can be stopped first, and the bank mortgage contract can also be terminated. Because the house can't get the existing house, it is meaningless to continue to repay the loan.

Third, if the developer can't handle the uncompleted residential flats, the buyers can report the uncompleted residential flats through the local media. I hope the local government will come forward and either let the bank continue to inject capital and let the developer complete the real estate project, or another qualified developer will take over the quotation, properly complete the real estate project and continue to perform the previously signed real estate contract. At present, the phenomenon of unfinished commercial housing is mainly in third-and fourth-tier cities, and it is rare in first-and second-tier cities.

How to prevent buying uncompleted residential flats

1, depending on the reputation of developers or choose big brand developers. Generally, the reputation of past construction projects is good, indicating that the developer brand has strength and the possibility of unfinished business will be very small.

2. Understand the real estate developed by the developer before. Learn from the owners who have already checked in about the developer's project quality, property management, and whether to hand over the house on schedule.

3. Understand the procedures of project construction. Can legally sell the house, the project should be? Five certificates? Done. ? Five certificates? Including state-owned land use certificate, construction land planning permit, construction project planning permit, construction project construction permit and commercial housing sales (pre-sale) permit.

Buy? Five certificates? A complete house is not only conducive to avoiding uncompleted residential flats, but also conducive to the later handling of real estate licenses. What if? Five certificates? Incomplete means that the housing procedures are incomplete, so it will not be smooth to handle the property right certificate, and it will even drag on for several years.

4. The right time to buy a house. According to statistics, when two-thirds of the main building projects have been completed, the probability of unfinished projects can be reduced by 60%.

What should I do if the house I introduced is rotten? How to prevent buying uncompleted residential flats? You can try the method I introduced. After all, I am angry that I can't get a house because I pay my mortgage every month. So we can understand the solution from the legal point of view, and we can't go it alone or take extreme measures.