With the economic situation so bad this year, they can go bankrupt if they want, and you won't be able to get any houses at all.
Forget about wishful thinking, just buy a ready-built house! The recent administrations in Jinan have been incompetent, the real estate market is chaotic, don't be fooled again.
After being met with a bucket of cold water from Chen Hong, Wang Hongwei was somewhat incredulous.
"No way? This is a key project supported by the province, how could we not receive the houses?"
As far as I know, these two projects alone sold nearly two thousand units last year, generating six or seven hundred million yuan in payments. They're scheduled for handover next October and are considered star projects in the province.
Chen Hong: "Brother Hongwei, go and ask around. The developer has been insolvent for a long time. His assets are mortgaged layer by layer. He could collapse at any moment."
If the company goes bankrupt and its cash flow dries up, this project has to stop. Without all five required certificates, no one will even care if you try to get your money back.
All that money you've invested in buying a house is going to go down the drain. If you don't believe me, just ask around among your acquaintances at the bank and the land bureau.
However, you must inquire privately and discreetly; don't make a big fuss. You need to understand, this is no small matter; it involves more than two thousand homebuyers.
Wang Hongwei broke out in a cold sweat after hearing what Chen Hong said. He only had 80,000 yuan saved up; the rest of the 200,000 yuan was from his parents.
This is the little money the two elderly people have saved up over most of their lives; it's truly their retirement savings.
He is an only child, and he only has one son. His parents don't care about money with him.
But he couldn't be unaware of the consequences. It was one thing for his money to go down the drain, but he couldn't let his parents' life savings be wasted.
"No...that can't be! The province really supports this company."
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