The Ruling on Pledging a Ruined House
Machine translationRead the Arabic original
The Shaykh : Yes. This is a matter of trade. If it is not possible to benefit from it for the purpose of selling it, then it is sold and its value becomes the pledge. However, if it is possible to benefit from it, such as if the structure has broken down but can be restored and the house rebuilt from scratch, then it is not sold.
Source
قناة «فضيلة الشيخ محمد بن صالح العثيمين»، [4465] حكم رهن الدار الخربة - تعليقات على الكافي لابن عثيمين — youtube.com
The Arabic text is a machine transcription of the audio recording.