MMB Chapter 89 Handing Over the Property Certificate
Chapter 89 Handing Over the Property Certificate
Chapter 89 Handing Over the Property Certificate
When Mao Xiaoyu woke up on the second day, she felt a headache.
I drank a bit too much yesterday.
Of course, it was also because I was happy, and considering what happened yesterday, it all went quite smoothly.
Needless to say, I'm overjoyed; I got the property certificate back.
So many mortgage loans, with loan amounts that are extremely unreasonable, are actually a dangerous situation.
However, it is really difficult for ordinary people to earn their first pot of gold. Even as a reborn person, Mao Xiaoyu did not think of how to earn her first pot of gold and could only take a shortcut.
Although this shady practice is actually an unspoken rule in the financial industry, everyone knows about inflated loan amounts, but it's fine if you don't investigate, but if you do investigate, there will still be problems.
That's why, for the past two or three months, Mao Xiaoyu has had a sword hanging over her heart, always feeling that this sword would stab her.
Therefore, when doing things, they are always hesitant and timid, and dare not speak loudly to anyone, for fear that someone will expose their financial affairs and cause them problems.
When Mao Xiaoyu was negotiating with Xinde Real Estate Company, she initially just wanted to get more money to redeem the house. But somehow, the negotiations turned out this way.
But this is for the best.
Although both are loans and belong to commercial transactions, there is a fundamental difference between a financial loan and a corporate loan.
After all, financial loans involve financial fraud. Even if it's not fraud, you can't do anything if someone accuses you of fraud. But corporate loans are based on collateral. As long as the company's legal representative and chairman agree, there shouldn't be any problems.
Therefore, Mao Xiaoyu preferred to pay off the debts owed to the financial company in order to transfer the loan to Xinde Real Estate Company.
Now that she has repaid the loan from the financial company, Mao Xiaoyu has not committed any illegal acts.
After all, Mao Xiaoyu repaid all the money she owed on time during the loan period from the financial institution.
It can be said that Mao Xiaoyu's money was finally clean only after paying off the debt to the financial institution.
Even if you manage to get a small amount of money from a financial institution, the institution has already received the interest, the accounts are balanced, and it won't be brought up again.
Moreover, the longer this happens, the less likely it will be to be detected later.
Of course, what we mean by "cannot be found" is only that private individuals cannot find it; the government can still find it if it wants to.
But Mao Xiaoyu didn't think that someone as insignificant as herself deserved the state to use its machinery to investigate her.
Of course, besides repaying the money, Mao Xiaoyu mainly talked to Li Mingyue about stock financing yesterday.
It's been several days, and the securities company hasn't called Mao Xiaoyu yet. It seems that the securities company hasn't really started financing yet. (According to historical records, securities companies didn't really start margin trading until October 2008.) So Mao Xiaoyu will have to find external financial institutions to raise funds.
So yesterday, while drinking, Mao Xiaoyu talked with Li Mingyue for two hours, wanting Li Mingyue to talk to his company's manager to see if they could raise funds through stock financing.
Mao Xiaoyu plans to take 5 million yuan and borrow 20 million yuan from Li Mingyue's financial institution, with the annual interest rate controlled at around 8% to 10%. The stock will be jointly supervised by both parties. Mao Xiaoyu can buy and sell stocks at will, and the financial institution cannot interfere as long as the price does not fall below the financing price.
However, if Mao Xiaoyu's 500 million yuan account is liquidated, the financial institution has the right to take over Mao Xiaoyu's account and sell the stocks directly. In that case, the financial institution's losses will be repaid by Mao Xiaoyu.
Honestly, when Li Mingyue heard that Mao Xiaoyu wanted to borrow 20 million yuan from her company to speculate in stocks, she felt that Mao Xiaoyu was being too aggressive.
The stock market has been hovering at low prices for the past two years, and sometimes it even drops a little, so investing in stocks now doesn't seem like a good business.
Moreover, this kind of financing for stock speculation simply doesn't exist in China, and it would be really difficult to make it happen domestically.
But then he was attracted by the benefits Mao Xiaoyu mentioned, such as being the first person to engage in securities lending and financing, and that with this loan of 8-10%, he could make a lot of money at the company.
For example, if Li Mingyue facilitates this transaction, it will bring huge profits to the company, which will greatly benefit Li Mingyue's position in the company!
Although many of these words were Mao Xiaoyu's flattery, it cannot be denied that they were also sincere. If they could really come to fruition, Li Mingyue would benefit from them.
And most importantly, although this kind of financing seems dangerous, the risk level is actually not too high. Although the stock will only be taken over and sold after the melting point is reached, and you will definitely lose some money after selling the stock, with financing, there is still a margin!
If a player does experience a margin call, the financial institution loses a significant amount of money when selling stocks, but if they use the margin to cover the losses, it's roughly the same amount. The difference is essentially the interest the bank pays to the player.
Interest rates only increase with the length of the loan term; for short-term loans, the interest is negligible.
That's why Li Mingyue agreed that after Mao Xiaoyu returned to the company, she would conduct a risk assessment and investigation herself, and then submit it to the manager to see if the manager would agree to lend 20 million out of 5 million.
However, according to Li Mingyue's optimistic estimate, after the manager read her risk assessment report, even if he couldn't lend out 20 million, he could definitely lend out 10 million.
After all, this kind of financing is a new way to make money. Financial institutions are always looking for ways to make money. Moreover, margin trading has become a very normal business in foreign countries, so I believe that promoting it in China will not be a problem.
Currently, there is no law prohibiting financial institutions from margin trading; it's just that people haven't tried it yet. Once one person dares to try it, more people will follow suit, and naturally, the law will establish various rules and regulations.
Because of Li Mingyue's assurance, Mao Xiaoyu drank a little too much, which caused her to have a headache the next morning!
But headaches are headaches, and people still have to get up.
After brushing her teeth and washing her face, Mao Xiaoyu changed her clothes and looked at the two suitcases, falling into deep thought.
The first thing to do today is definitely to return the property certificate. After all, the sooner you return it, the faster you can get the money. In this world, you can't go against money, so returning the property certificate is the most important thing.
If the problem is that I have to return the property certificate myself, then this empty box will just have to stay here.
But there are two fake property ownership certificates in the empty box. Should I take them with me?
If I bring it, where do I put the fake property ownership certificate?
After all, putting it in a real property ownership certificate could easily cause problems.
But if it's kept at home, what should I say if my parents suddenly come back and see a fake property certificate?
Mao Xiaoyu hesitated for a moment, then decided not to bring the fake property certificate and to leave it here with the box.
After all, my parents might not be back today.
At worst, I'll suffer a little tonight and then come back to take the box to my own house.
Having made her decision, Mao Xiaoyu didn't hesitate and immediately took out her phone to call Liu Yue.
After all, I've already spent 18,000, and now when I go to return the property certificate, I'll at least need a lawyer as a witness!
"Hello, this is Dafa Law Firm. Who are you looking for?" the caller asked as soon as the call connected.
"Yes, this is Mao Xiaoyu. Please transfer me to Attorney Liu Yue," Mao Xiaoyu said.
"Okay, please wait a moment," came the reply from the other end.
After waiting for about ten seconds, Liu Yue's voice came through: "Good morning, Mr. Mao. Is there anything I can help you with?"
"Here's the thing, I've already received all the property certificates. Today I want to hand them over to Xinde Real Estate Company, and I hope you can send a lawyer over to witness the handover and ensure it goes smoothly," Mao Xiaoyu said directly, getting straight to the point.
"Then please confirm the time so I can arrange for someone to go there," Liu Yue said directly.
"Around 8:30 or 9:00 in the morning, since it's already past 8:30. If I go now, it'll take about an hour to get there," Mao Xiaoyu said after a quick mental calculation.
"Alright, I'll have Liu Ci go over there. You've met him before; he's a level-three lawyer, and his work ability is fine. I believe he can handle today's matter for you," Liu Yue suggested directly.
"Okay, just call me when he gets to Xinde Real Estate Company, and I'll be there right now," Mao Xiaoyu agreed.
Actually, Mao Xiaoyu only found out a couple of days ago when she signed the private lawyer contract that it was just a coincidence that Liu Yue was able to help her with things that day.
After all, Liu Yue is a level two lawyer in the law firm. Generally, a level three lawyer can handle contract signing cases like Mao Xiaoyu's, so there is no need for her to take the lead.
That day, all the lawyers in the law firm specializing in economics were busy, and the receptionist didn't know what to do. So she went directly to Liu Yue, hoping that Liu Yue could arrange someone else. But Liu Yue felt that she didn't have anything to do, so she accompanied Mao Xiaoyu to handle it out of boredom, which led to the later private lawyer contract.
And so, the two hung up the phone. Mao Xiaoyu dragged her suitcase and left home, then took a taxi straight to Xinde Real Estate Company.
However, while sitting in the taxi, Mao Xiaoyu thought about it again and finally called Manager Wang to tell him that she had arrived.
The real reason I made this call was to ask Manager Wang to arrange for someone to receive me. After all, I had brought a whole suitcase to do some business, and it would be too embarrassing if no one came to greet me and I had to go to the front desk to ask.
I'm a small-time tycoon now, worth tens of millions. I should have some dignity, you know!
Because this time they were traveling from Mao Xiaoyu's parents' home, which was a bit far, it took Mao Xiaoyu nearly an hour to arrive at Xinde Real Estate Company.
After paying the fare and getting out of the car, Mao Xiaoyu looked around but didn't see Liu Ci, guessing that he probably hadn't arrived yet.
Mao Xiaoyu wasn't in a hurry and was prepared to wait a little longer.
About 30 minutes later, Liu Ci finally arrived.
Seeing Liu Ci apologizing repeatedly, Mao Xiaoyu didn't say much. Instead, she comforted him, telling him that traffic jams were normal and no one expected this. She also told him not to be so polite, as they would have a long time to get to know each other in the future.
Whether the words of comfort were useful or not, Mao Xiaoyu considered them minor matters. After all, the other party had already come, and getting angry about being late was pointless. The other party still needed to see the contract and act as a witness. In that case, it was better to say some nice things.
Now that Liu Ci had arrived, Mao Xiaoyu decided not to wait outside any longer and led Liu Ci directly into Xinde Real Estate Company.
Just as Mao Xiaoyu had predicted, although Manager Wang himself did not come to greet them, he arranged for his subordinates to come and greet them. Then, he took Mao Xiaoyu and the other person to the demolition affairs department to start calculating the property certificate. After the property certificate was calculated, Lawyer Liu Ci confirmed that the handover was successful. Only then did Mao Xiaoyu breathe a sigh of relief.
Next, RMB 10 million and HKD 10 million were transferred to the HSBC account.
After signing two more documents and confirming that the property certificate had been received, Mao Xiaoyu led Liu Ci out of Xinde Real Estate Company.
As for Chairman Liu Wanhua inviting Mao Xiaoyu to dinner, she didn't even get to see him this time, let alone have a meal.
Mao Xiaoyu took it in stride. After all, they were big bosses, while she was just a nouveau riche. They were polite to her back then because she had the property certificate, so it would be strange if they were polite to her again this time.
So it's normal that we didn't get to be treated to a meal.
"Well, Attorney Liu, it's getting late. How about we grab a bite to eat?" Mao Xiaoyu asked Liu Ci beside her.
"Boss Mao, that won't be necessary. Now that I'm done here, I won't take up any more of your time. I'll head back to the law firm," Liu Ci declined.
"Alright then, thank you, Attorney Liu."
Hearing that the other party was going back, Mao Xiaoyu didn't care. After all, she had treated the other party to a meal. If the other party didn't want to eat, that was their problem. Why would she feel sorry because the other party didn't want to eat with her?
Just kidding, what's there to regret? The other party is just a lawyer, he's still making a living under someone else's wing. As long as I handle my relationship with his boss, Liu Yue, it'll be fine.
Watching Liu Si leave, Mao Xiaoyu shrugged, then thought for a moment before taking a taxi straight to the police station near her home. This time, Mao Xiaoyu planned to take her ID card to her local police station to apply for a passport for travel to Hong Kong, Macau, and Taiwan.
After all, the money will be available in three days, and it will definitely be used to buy Tencent shares in Hong Kong. As for why not buy through an intermediary in mainland China, the main reason is that intermediaries are unreliable. I would rather go there myself than have an intermediary run off with my money.
Therefore, I have to get a passport for Hong Kong, Macau and Taiwan, and I'm taking advantage of the time I have now to apply for one.