What should I do if I buy a house and encounter an unfinished building?

1, uncompleted residential flats, refers to land use and planning procedures. After the project starts, the developer is unable to continue to invest in construction or is caught in a debt dispute, and the work is stopped for more than one year. There are many reasons for the formation of uncompleted residential flats, such as the bankruptcy of the developer of the building under construction, insufficient construction funds, economic disputes involved in the project, and the suspension of the project caused by the developer's violation of laws and regulations. Most of them are because the capital chain is broken and the project is unfinished. Developers have been unable to pay, banks are unwilling to continue lending, and the project cannot be transferred to other investors. Unfinished residential buildings destroy the image of the city, waste land resources and undermine investor confidence.

2. Solution to buying a house with an uncompleted residential building: If there is a possibility of "uncompleted residential building", don't go to court for litigation first, and give the developer some time. I hope he can raise funds in a short time to complete the follow-up project, so as to minimize the losses of consumers. If the developer declares bankruptcy due to insolvency, according to the provisions of the bankruptcy law, consumers are more likely to get compensation from the developer than ordinary creditors. In particular, consumers have acquired the property rights of houses through pre-purchase.