The latest situation of Wanju Triumph City in Handan

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Friends who have bought a house must know that buying a house is a very troublesome and complicated thing, especially when choosing a house. Many property buyers are very cautious, afraid of accidentally buying unwanted houses. After all, buying a house costs a lot. Recently, many property buyers are asking about the latest situation of Wanju Triumph City in Handan. Here, I will talk to you about this problem in detail.

First, the latest situation of Wanju Triumph City in Handan

The second phase of Wanju Triumph City in Handan, Hebei Province is currently in a state of suspension, mainly due to the shortage of funds of Wanju Company, the developer of Wanju Triumph City in Handan, and then the fund-raising problem broke out, which led to the suspension of all development projects. Later, with the help of the government, we found the partner Jiuding Company. Although it is still in a state of suspension, it has begun to prepare for the resumption of work, and will fully resume work after signing a formal contract with the cooperative company.

Second, what should I do if I buy an unfinished house?

1. If the buyer thinks that the house he bought may be unfinished, but the developer has not explicitly stated that he wants to stop work, you might as well give the developer more time. If developers can raise funds to complete the follow-up construction in a short time, then the losses of buyers can be reduced.

2. If the developer encounters bankruptcy crisis because he can't pay off his debts, the buyer should never rush to terminate the house sales contract with the developer. Once the two parties cancel the house sales contract, the buyer can only get the IOU from the developer when he can't get the house purchase price, and the relationship between the buyer and the developer has changed from the sales relationship to the debt relationship.

After the developer declares bankruptcy, the assets under his name will be taken away by the court for auction. Judging from the relevant provisions of the bankruptcy law, it is easier for buyers to get compensation from developers than ordinary creditors, especially when both parties sign a house purchase contract and obtain a real estate license.

Summary: The relevant contents about the latest situation of Wanju Triumph City in Handan are introduced here for everyone, hoping to help everyone. Finally, it is suggested that all buyers should know something about the developer of the property before buying a house, either by reading the relevant documents or by visiting the property built by the developer before.

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