Chapter 193: After making the decision on demolition and property purchase, Xu Heye...
After making her decision, Xu Heye called home the next day to tell her mother about her house purchase. Dong Taohua had no objections, only asking one question: "Do you have enough money?"
"If it's not enough, I've saved all the money you gave me before."
"That's enough," Xu Heye said. "Just keep the money I gave you for your own use."
She is really rich.
After the graduation banquet, the old factory building that Xu Heye had bought in Hudong was finally relocated.
The developer offered two compensation plans, all of which could be converted into money. Alternatively, Xu Heye naturally chose the second one, getting as much resettlement housing as possible within the rules, as well as some cash.
The factory building is 1,684 square meters with complete property rights. Compensation will be paid on a one-to-one basis based on the floor area, which can be used to compensate for a house of 1,684 square meters.
Xu Heye asked for twelve houses, some big and some small. There were two large ones of 120 square meters, four small ones of 80 square meters, and the other six were 100 square meters, so the total area was 1,160 square meters.
She demanded payment for the remaining 524 square meters. Including compensation for the land use rights, the cost of replacing the building, and other miscellaneous expenses, she was ultimately paid just under three million yuan.
Xu Hui and Dong Taohua did not take a penny of the three million yuan, and transferred it all into her account.
Three million was still very valuable in 1993. If you were lucky, you might be able to buy a small courtyard house or a large villa near the city.
Xu Heye was not familiar with Beijing and did not have time to look for a house herself. She chose to pay for convenience and directly contacted the real estate agent Wu Liuye who had helped them find a shop for the factory before.
When Mr. Wu Liu received the call and heard who it was, he immediately smiled and subconsciously hummed, "Today is a good day. Everything you want will come true."
The God of Wealth is here, how can it not be a good day?
When he found those shops for Xu Heye, they were still leased, and the commission he received was not much. But later, when the factory made money and was ready to invest in real estate and wanted to buy a few shops, Dong Xinghua still asked Wu Liuye to negotiate with the landlord, and did not go around him to negotiate the sale with the landlord in order to save the agency fee.
Mr. Wu Liu negotiated with four shops and found two more shops for them to open new stores. The business of these six shops directly brought him tens of thousands of commissions.
Now Xu Heye wants to buy a house, even if he buys the smallest one, only 60 square meters, he can get a commission of thousands of yuan.
He also had a hunch that the area the customer wanted wouldn't be too small. Wu Liuye thought about it and asked about the budget. "Boss Xu, I have quite a few properties on hand, both for rent and for sale, all close to Yenching University. What's your budget?"
After he tells the budget, he can screen properties according to the budget and take customers to view properties in a targeted manner.
"Budget of two million?" Mr. Wu Liu took a look at the houses he had selected and quickly made a few crosses. These houses were not worth the budget given by Xu Heye.
After thinking for a moment, Wu Liuye tentatively asked, "Boss Xu, are you interested in buying a quadrangle courtyard? It's 160 square meters, quite a large yard."
"Siheyuan, what's the location?"
"The location is excellent, right at the foot of the imperial city."
Xu Heye was surprised. "Under the Imperial City? Such a good location, why would the owner sell it?"
The courtyard houses at the foot of the imperial city were once the exclusive domains of the imperial family or high-ranking officials of the third rank or higher. Such high-quality properties were hard to come by, and she naturally wanted one now that she had come across one. However, the owner must have understood its value; why would he sell it so easily?
Mr. Wu Liu sighed: "This house is actually the property of a distant nephew of mine."
"My nephew's ancestors were also wealthy, and this family business was handed down from them. They ran into some trouble a few years ago." Uncle Wu Liu's words were vague, but Xu Heye knew the reason the moment she heard them. Anyone who had lived through that era knew how terrifying it was, especially someone of Uncle Wu Liu's nephew's status.
"Later, his family was rehabilitated and the house was returned to them. But my uncle and aunt were unlucky and died before dawn. Of the whole family, only my nephew was left."
"He was so moved by the scene that he felt depressed and couldn't stay in China anymore, so he went abroad for medical treatment. He left a few years ago and hasn't returned yet. At the beginning of the year, he called me and said he had started a family abroad and would never come back. He asked me to help sell the house."
"I put the house up for sale and took people to see it, but it didn't go through in the end. The reason is that the house has a good location, but it was previously divided among several families, so it's a bit run down and looks shabby. But don't worry, the materials used in the house are all good. I just need to find a craftsman to renovate it and it won't affect the living environment at all."
Xu Heye was silent for a while, then asked, "How much does the owner of this house want?"
Mr. Wu Liu: "The asking price is 1.6 million, but I'll tell you a secret. If you're interested in buying it, I can give you 100,000 less, so I'll sell it to you for 1.5 million."
"This is the reserve price. If it's any lower, the house won't be sold, and we don't need to waste time bargaining." It's better to say it upfront to avoid wasting each other's time.
Don’t be like the previous customer, who said everything was fine before going there, but after seeing the house, he asked for a huge sum of money, wishing he could buy a courtyard house without spending a penny.
"The price is acceptable, but I want to see the house first." She is not afraid of repairs, but she wants to make sure that the house can indeed be repaired well.
Don't buy a dilapidated house that you can't live in or tear down. Properties in this location are considered antiques, but they don't guarantee they can be torn down and rebuilt. Even restoration may require certain requirements.
"No problem looking at the house." Mr. Wu Liu agreed immediately. He was not afraid to take people to see it.
The house was indeed a bit messy due to being messed up, but the overall condition was still good. It just took a lot of work to repair it.
It would require a skilled craftsman to meticulously carve it back to its original appearance. This meant the restoration would be expensive. That was why his nephew was willing to compromise and offer a discount of 100,000 yuan.
To be honest, the asking price of 1.6 million is really not high for this house and its location. With a discount of 100,000 yuan, it is really a bargain.
However, that was his family's ancestral property, the place where he grew up, and he had deep feelings for it. Although he was reluctant to return now, fearing that the sight would bring back memories, he still hoped that the house would be well taken care of by the new owner. He didn't want the house that had been passed down for generations to fall apart.
It wasn't safe for her to go alone to view the 1.6 million yuan property, so Xu Heye decided to ask Lian Yushu and Pang Qiao to accompany her. Fortunately, school hadn't officially started yet, and Lian Yushu had just finished his summer part-time job, so all three of them had time.
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