Is Guiyang Evergrande bankrupt? If we don't start work, what shall we do with the house we bought?

Evergrande is a first-line real estate in China. There may be a shortage of capital chain when developing a residential area, but this is only a short-term shortage of capital chain, and such a large real estate company will not go bankrupt. Even if Evergrande goes bankrupt, all the buildings that have not been handed over will be handed over, and there will be no unfinished buildings. To make matters worse, if Evergrande can't continue its construction after bankruptcy, the government will openly invite tenders to elect a new real estate company to continue its development, and the original owners of the community will still have the ownership until the community is actually handed over.

If you buy an existing house, the house has been built and registered in advance, then your housing rights are guaranteed and your house is basically risk-free. But if you buy an auction house and the house hasn't been built yet, it's time to talk. First of all, the house is yours, unless you give the money to the real estate developer, because the real estate developer may not have the ownership of the house.

The house is in ruins: however, what is mentioned above is a rather unfortunate situation. If Evergrande really goes bankrupt, we can't sit idly by. Therefore, we should actively seek solutions, negotiate or prosecute, and if possible, hire a lawyer. If you don't have a real estate license, ask the online sign for the real estate license immediately. If it is rejected, sue quickly. If you have entered the bankruptcy proceedings, and the court has issued a notice of bankruptcy case, in this case, you can only actively follow up the bankruptcy trial of the case. Actively declare the corresponding creditor's rights when declaring creditor's rights, and strive to safeguard their legitimate rights and interests in bankruptcy reorganization or bankruptcy liquidation.

There may eventually be a company contracting these debts and returning the down payment to you, or directly continuing to build the property and finally completing the delivery. This is not impossible. The above are just measures to mend after the tragedy; And if avoiding all this is the most important thing, then how do we know that our house is going to rot! How to find uncompleted residential flats: First of all, it depends on the construction site and the progress of the project. If you find that the construction site is particularly slow, you should be careful. The developer's capital chain is likely to have problems, and such a property is likely to be unfinished.

Secondly, it is the delay in the delivery time of real estate, but it is always an excuse that the recent force majeure factors lead to the delay in delivery. Such a property is likely to be unable to complete the handover procedures because of insufficient funds, or it cannot pass the acceptance because of serious quality problems in the property.