Refurbishment: Trash-to-Treasure!
Chapter 6: Your 3.2 Million Cash Has Been Transferred

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Haibei Village!

In 2018, an agreement was reached for a collective demolition here, which turned countless people into billionaires overnight. Xu Duo clearly remembered that, after the Chinese New Year, this old factory building would first be rented out as a warehouse, then sold for 8 million. The only difference was that the person who bought the land and building was somewhat careless. He didn't handle the transfer procedures in time, and by the time he did in 2015, it was too late. The reason was simple: in 2013, new regulations were introduced by relevant departments, clearly prohibiting the sale or transfer of residential land in any form. In other words, before 2013, one could still find a loophole and complete the transfer procedures, but after that, it was no longer possible. The person who missed the opportunity, when the demolition took place, received compensation, but it was only 20 million!

This old factory had a total floor area of 6,000 square meters. Even if a replacement demolition plan was chosen, the minimum he could get would be 6,000 square meters of residential property, which was equivalent to dozens of apartments. And if the transfer procedures were completed and he held the "red (the original land certificate), the replacement ratio would be 1:1.3, meaning 100 square meters could be exchanged for 130 square meters. In that case, the 6,000 square meters could be exchanged for 7,800 square meters.

The timing was perfect—now it was 2011, just in time to complete the transfer procedures, and the "red would still be held afterward. When the demolition happened, this old building alone could give Xu Duo 7,800 square meters of property. Even if calculated at 100,000 yuan per square meter, that would be 780 million! Not to mention that there was also a piece of land over 900 square meters in size. If purchased and developed into a six-story building, another 6,000 square meters could be added. As for the 900-square-meter plot, after construction, the building area would exceed 5,400 square meters, because from the second floor, each floor would extend by 1 meter, increasing the area by several hundred square meters. Furthermore, there were six large commercial spaces, each at least 40 square meters.

This was an incredible surprise! A huge surprise!

"Old man... your house in the urban village is indeed valuable, but sometimes, it may not be as valuable as it seems," Xu Duo said, trying to suppress the excitement in her heart, her face calm. "You just mentioned 25 million. How many people these days can take out that much money in one go? In ten years, 25 million may be worth 250 million."

At this time, domestic currency still had strong purchasing power, and the devaluation of purchasing power by ten times in the next decade was no exaggeration.

"Heh… if this urban village land gets demolished, that's when you strike it rich," the old man didn't deny it. The phenomenon of demolition creating many wealthy people was no longer news. He said with a bitter expression, "I'm getting old, just want to enjoy my retirement, and my children are all living elsewhere. They are very filial, so I thought I might as well sell the house."

"Your children are in Hong Kong, I suppose they are quite well-off?" Xu Duo gently asked. After a brief pause, she said seriously, "1.6 million, I'm willing to take a gamble. What if the demolition happens in a few years?"

"Impossible, impossible!" The old man shook his head repeatedly, his attitude firm. "23 million, that's my bottom line."

"18 million!" Xu Duo raised her offer by 2 million, also resolute. "I'll give you 3 million as a deposit and pay the rest after the transfer procedures are completed. This is my sincerity."

"20 million!"

"..." Xu Duo shook her head firmly, keeping her lips sealed and no longer speaking.

"Fine!" The old man, eager to sell for various reasons, added, "I'll cooperate with the transfer procedures, but the costs incurred are not my responsibility."

"No problem!" Xu Duo readily agreed. The main cost of the transfer procedures was the lawyer's fee, and other costs were minor.

With that, both sides reached a preliminary agreement, setting a date for the draft contract to be signed in three days. The reason for three days was that the next two days were the weekend.

The following steps were straightforward. Xu Duo paid for a consultation with a law firm to confirm everything was in order. After signing the letter of authorization, she entrusted the firm to handle the drafting of the contract and the transfer procedures. For this, she would need to pay a 300,000 yuan fee.

...

...

At 3:00 PM!

"Brother Dong, here are 21,500 batteries, 3,000 in each box, totaling 7 boxes." Xu Duo said as she opened a smaller box. "Inside, there are 130 screens. Please take a look."

"Okay!" He Dong wasn't being polite. He first focused on the screens rather than the batteries. After just a brief glance, he made a judgment. He even had an iPhone 4 body with him, mounted the screen, and tested it. "As expected, it's original. A slight scratch, but the color difference is almost negligible."

"1,450 yuan... How does that price sound?" He Dong confidently quoted.

"I have no objections!" Xu Duo smiled widely and agreed. After all, the slight scratch made this price quite reasonable.

"Alright, for the batteries, 21,500 units, 140 yuan each, totaling 3.01 million yuan. For the 130 screens, 1,450 yuan each, that's 188,500 yuan. Let me add 1,500 yuan to round it off. I'll give you 3.2 million in total."

"Brother Dong is generous!"

"Hahaha..." He Dong had just made a big deal, and his mood was incredibly cheerful.

...

This book comes from:m.funovel.com。

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