The final disposal method of uncompleted residential flats is as follows:
1. Auction. If the developer is insolvent and declares bankruptcy, and the house is in a crisis of uncompleted residential flats, then the developer's finance will be auctioned by the court. According to the provisions of the bankruptcy law, it is easier for buyers to wait for compensation from some real estate companies than creditors.
2. Compensation. When a real estate project fails, the owner must agree with Qi Xin and go to court to sue the developer, so as to get compensation. If the owner is not in Qi Xin, the court can't handle it, and may not get compensation.
3. Financing. If the purchased house is only likely to go bad, you can give the developer more time to raise funds to return to work. After the project is completed, the losses of the buyers can be reduced.
4. Seek help from the government, and the municipal and district governments will find a financing platform to unblock and re-mortgage. The local government will adopt different methods to intervene according to different situations. If the developer is short of funds, the government will ask the enterprise to raise funds or introduce partners. If it is illegal, then the government will require it to make rectification within the set time.