Sunday, June 26, 2011

(481) Gold Mountain

This a real incident. It illustrates that for even a not too desirable property, if we can find the right buyer, we will get a good price for it.

Madam Lee bought a new house. She did not visit the building site. She went to the developer's sales office, look at the map that said little to her. Probably mumbled to herself, "innie minnie myni mo" and draw a "x" in the exact middle of a long row of houses. Her husband dutifully released funds as the letters come. Then the certificate of fitness is out, they sent an office boy to collect the keys with an official letter. It was their friend, Mrs Tan, that told them their new house faces a hill.

Madam Lee and her husband must be the coolest property owner in town. They did not blink an eye lid. Neither did they lose any sleep over the so called unsaleable new house. They figured if it couldn't be sold or rented out, they would move there.

A year or so later, a real estate agent tracked them down some how and asked if they want to sell it. The husband went to show it and quoted a price that was higher than the market price by twenty thousand. Some how he was not too keen to part with it. Surprisingly, the potential buyer agreed immediately. A few days later, the sellers and the buyers met and sign the sale and purchase agreement. Guess what is the buyer's name? It was Lau Kim San. That could mean keep the golden mountain.

By Chinese Fung Sui, that is the perfect house for Mr. Lau to live in.

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