HPDBC Chapter 80 One Contract Becomes Three Contracts
Chapter 80 One Contract Becomes Three Contracts
Chapter 80 One Contract Turns into Three Contracts
After Manager Wang left, Mao Xiaoyu looked at the contract one more time. When there was really nothing left to look at, she could only drink coffee and wait for Manager Wang out of boredom.
I can't even talk to anyone. After all, I'm just an idle person in someone else's office. Chatting with anyone would ruin the environment.
About 20 minutes later, the conference room door suddenly opened, and Manager Wang walked in following a big shot.
Inside the conference room, the employees of Xinde Real Estate Company all stood up and respectfully greeted the newcomer, "Chairman."
The bigwig glanced into the conference room and spotted Mao Xiaoyu. A smile appeared on his lips as he said to Mao Xiaoyu, "Mr. Mao, hello, hello. I am Liu Wanhua, the chairman of this company."
"Chairman Liu, hello, hello." Upon hearing the introduction, Mao Xiaoyu quickly stood up and greeted the other party politely while shaking hands.
"Come, sit down, don't be shy, everyone sit down," Chairman Liu Wanhua said politely, then sat down first.
Seeing Chairman Liu Wanhua sit down, the company's employees followed suit and sat down one after another. As for Mao Xiaoyu, she naturally sat down as well.
After everyone was seated, Chairman Liu Wanhua finally had time to take a look at Mao Xiaoyu.
To be honest, Mao Xiaoyu really looks very young and full of energy. Seeing her radiant appearance, Chairman Liu Wanhua couldn't help but sigh that a new generation is replacing the old.
Of course, Chairman Liu Wanhua knew that now was not the time for lamenting, so he asked with a smile, "I just heard from our company's Manager Wang that Mr. Mao plans to spend 30 million to buy our house in 2008, so he wants us to give him a discount, right?"
"I do have that idea. After all, I have a lot of faith in Xinde Real Estate Company's capabilities. I believe the quality of the houses you build will definitely meet domestic standards. Of course, the most important thing is that the house price will be cheaper. If the price is the same as in other places, then why would I come back to buy a house?" Mao Xiaoyu said with a smile.
"Since Mr. Mao thinks so highly of our company, it is an honor for us. As for the price you mentioned, it will definitely be cheaper. But I don't know how much cheaper you would like to be," Chairman Liu Wanhua asked readily.
"Chairman, as you know, the market is constantly changing. How much cheaper is this house? If I say too much, you'll definitely be unhappy. If I say too little, I'll be unhappy. So what am I supposed to say?" Mao Xiaoyu said, feigning speechlessness.
"But we still have to talk about it eventually. How can we continue this discussion if you don't say anything?" Chairman Liu Wanhua spread his hands, pretending to be helpless as he asked.
Mao Xiaoyu pretended to think for a moment and said, "Since I'm a relocated resident, let's give me a house according to my requirements. My house has a total area of 1534 square meters, and I'll get 3068 square meters back at a 1:2 ratio. As for the 11.7 million yuan, calculate it for me at 5500 yuan per square meter. Of course, if you let me buy a house with a fixed quota of 30 million yuan, that's fine too. For the 27 million yuan shortfall of 3 million yuan, we'll still give you the area at 5500 yuan per square meter. You can calculate the total area."
When Chairman Liu Wanhua heard Mao Xiaoyu's outrageous demands, he didn't show any impatience. He just frowned and looked at Manager Wang.
"Chairman, if we follow Mr. Mao's offer of 5500 per square meter, we'll need to give him another 2127 square meters. If Mr. Mao adds another 300 million, we'll need another 545 square meters. If we add the previous 3068 square meters, this area is a bit too much!" Manager Wang stated the calculated area directly.
After listening to Manager Wang's report, Chairman Liu Wanhua looked at Mao Xiaoyu and said with a smile, "The area you want is quite large, but for me, I feel it's not worth it. You know, you've already taken the money. If the property price goes up, you can come and buy my house at the bottom price. I might as well sell it at a higher price. Why should I sell it to you at a lower price? After all, I'm a businessman, and I prioritize profit."
Mao Xiaoyu glanced at the smile on Chairman Liu Wanhua's face and, sensing no aversion from him, said with a smile, "If the chairman wasn't interested, he probably wouldn't have come to see me. Since he did come to see me, it means he's quite interested in my purchase of your house three years from now. Since I've stated my requirements and you're not satisfied, then Chairman, you can state your requirements."
Chairman Liu Wanhua was quite impressed by Mao Xiaoyu's clever answer; the child's mind worked very quickly.
"You're really smart. I'm also very interested in you wanting my house. But this is our first time working together, so I'm a little uneasy. How about we take a gamble?" Chairman Liu Wanhua asked with an excited look on his face.
"Oh, I wonder how you plan to gamble, Chairman?" Mao Xiaoyu asked with great interest.
"It's very simple. Since you want to get a house here and become a relocated resident, you can't take the money in the name of a relocated resident this time. You can only take the money as a loan. That is to say, the money you receive from the relocation will still be here, but I can lend you a sum of money. It's not much, I'll lend you 27 million yuan. I can calculate the interest rate for you to be low, only 5%. After three years, if you buy my house, you only need to pay off the interest in one lump sum."
"But you must still provide me with collateral. Make me feel certain you'll come back to buy my house. Even if you don't, this collateral should at least be worth three years' worth of interest. Otherwise, if you take the money and don't come back to buy my house, I'll have to pay the interest for three years, which would be a huge loss for me." Chairman Liu Wanhua stated his conditions.
In fact, Chairman Liu Wanhua had no choice. After all, giving Mao Xiaoyu 27 million yuan would be a considerable burden on his company over the next three years, since real estate companies rely on cash flow to operate.
2.7 million. If you take out a bank loan, you'll have to repay 4.7% annually, which will amount to approximately 3.8 million over three years.
Ten thousand in interest.
However, if I lend this money to the other party, and the other party pays me 5% interest, it means I don't need to pay the money at all, and I even make a profit of 0.3%.
As for Mao Xiaoyu wanting to be a recipient of the demolition compensation and receive a house, that's no problem for Chairman Liu Wanhua.
What does a house matter?
A house is just cement and mortar.
The cost of a house is only a few hundred thousand yuan. You'll make a profit no matter how you sell it.
And it was precisely because of this idea.
Chairman Liu Wanhua wanted to facilitate this deal.
In this case.
In any case, he sold a house worth 2700 million before even building it, which reduced his investment risk.
Another point is that you don't need to pay the money yourself; you can just lend it to the other party.
Upon hearing Chairman Liu Wanhua's words, Mao Xiaoyu fell into deep thought.
Judging from what Chairman Liu Aihua said, she might be worried that she has too many houses on hand and won't be able to sell them in the end, so she wants to distribute some to herself.
The other party's implication is that they have no more compensation for the demolition; all the compensation will be converted into housing according to the contract. As for their own financial needs, they can only borrow money from the other party. They will borrow a sum of money and leave, and the borrower will also need to provide collateral to cover the interest over the next three years.
Is this a good deal?
It seems like a good deal, considering the interest rate is only 5%, which isn't much, and it can be used for three years.
The problem is, I don't have any collateral!
Do you have any collateral?
It seems there really is something that can be used as collateral.
Although the collateral is currently held by a financial institution, it can be redeemed. At worst, it can be re-mortgaged.
To Xinde Real Estate Company.
In that case, even though I borrowed money from him, if I pay back some interest after three years and still have the house in my possession, it would actually be a pretty good deal.
Thinking about this, Mao Xiaoyu pondered for a moment and said, "If that's the case, I do have a batch of collateral that I can offer you, and you should be interested in it. It's houses."
Within the area of your demolition project, I own 39 houses. However, outside the area of your demolition project, I still own 32 houses. I believe you understand what I mean.
Because in my opinion, if you want to start construction on Phase 2 in 2008, then you will requisition my 32 [units of land].
You'll have to come to me again later and have a proper talk with me about buying my resettlement house.
However, Chairman, you've already mentioned that I need to provide a batch of collateral. How about this, I'll mortgage these surrounding houses to you, but I need to borrow another 10 million.
Don't be fooled by these houses; they're only worth around 10 million now. But as you know, when your properties are demolished, their value will be calculated based on area. My 32 houses have a total area of over 1400 square meters, which is well over 10 million in value.
Not to mention moving costs, renovation costs, signing fees, key fees, and all sorts of other expenses. So, as long as we demolish 10 million, turning it into 20 million is definitely achievable. Therefore, I think it's perfect to mortgage this batch of houses with you.
"If I don't come to buy your houses three years from now, you'll not only confiscate our original demolition compensation, but you can also take these 32 houses. I believe that with these 32 houses, we should be able to cover the loan payments."
"You said you still have 32 houses outside the demolition area?" Chairman Liu Wanhua said in surprise.
"Yes, it's over 1400 square meters in total. Even if we demolish it, we could get 20-30 million yuan. I'll put it up as collateral for you for 10 million yuan. I'll give you 5% interest later," Mao Xiaoyu said.
Chairman Liu Wanhua closed his eyes and thought for a moment after hearing Mao Xiaoyu's words.
If I take this batch of collateral as they say and give them 10 million, even though I haven't made any money yet, I can make a profit in three years.
If I were to start the second phase of the demolition project myself, these 32 houses would save me at least 10 million yuan.
If we calculate it this way, then the interest on the 3700 million over three years would only be a little over 500 million.
Is it too much?
Not many, at least compared to 32 houses, it's really not many.
If I weren't short of money, I would have included these land plots in this plan long ago.
If we could hold onto these houses now, that would be good too.
After all, the compensation for demolition will definitely be higher than it is now.
If the other party doesn't buy the houses, and I get compensation for the demolition of those 32 houses, I'll at least earn 1000.
More than 10,000.
Thinking about this, Chairman Liu Wanhua felt that this collateral was indeed worth using.
As for lending the other party another 1000 million, I can just use these houses to help him get a loan. Such a small matter is nothing to me.
"Sure, but you'll need to bring the property certificate over before I can give you 10 million as collateral. Without collateral, I definitely can't lend you the money. You need to know that."
Chairman Liu Wanhua said with a serious expression.
"Know."
Mao Xiaoyu thought about it and realized it made sense. After all, she had nothing, so why should someone lend her 10 million? At least she should give them the property certificate.
They'll only lend you the money once they see the property certificate and the accounts are correct.
"Then let's sign a new contract," Chairman Liu Wanhua ordered directly.
At this moment, Liu Yue, who was following Mao Xiaoyu, spoke up: "Then Chairman, if we talk like this, then this contract is invalid, and this time, you will need to sign three contracts."
Chairman Liu Wanhua glanced at Liu Yue, then at Manager Wang, trying to guess who this person was.
Manager Wang whispered to Chairman Liu Wanhua, "This Ms. Liu is Mr. Mao's lawyer, who specializes in contracts."
Chairman Liu Wanhua nodded upon hearing this and said, "Then three contracts it is."
.
Upon hearing Chairman Liu Wanhua's words, now that the matter was confirmed, both the employees and Liu Yue began to get busy.
As for Mao Xiaoyu and Chairman Liu Wanhua, they could only sit there dumbfounded, watching everyone busy.
"Mr. Mao is only 18 years old this year. He's really young and promising. He's already earned so much money at such a young age. Thinking about myself, I was still playing in the mud when I was 18," Chairman Liu Wanhua said with a bored smile.
"Chairman, you look quite young too, at most in your thirties." Anyone can flatter, right? Mao Xiaoyu also flattered the other party once.
"I'm getting old, I'm over fifty, not in my thirties anymore. My grandson is old enough to run errands." Chairman Liu Wanhua waved his hand happily and shook his head repeatedly.
"You're only in your fifties, in the prime of your life. I believe that under your leadership, Xinde Real Estate Company will achieve even greater success," Mao Xiaoyu couldn't help but flatter.
"Haha, thank you for your kind words, thank you for your kind words." Chairman Liu Wanhua laughed heartily.
Seeing Chairman Liu Wanhua smiling, Mao Xiaoyu couldn't help but laugh as well.