China merchants property hidden buyers default risk actively

A few days ago, China merchants property nanjing tiger promotions attract plenty of attention of the apartment, only need to pay ten percent down payment, will be able to sign open to booking a contract to the buyer also surprised.

Developers to follow suit to launch such promotional activities, brewing a new round of financial risk: around the project as soon as possible after reduction, ten percent down payment default or check-out project is likely to occur.

"Daily economic news" reporter in the name of the buyer call tiger apartment sales offices, sales staff said ten percent down payment of promotional activities do exist.

He said, compared with a ten percent down payment, the developers valued bank mortgage loan. They co-opt the buyer to the bank loan fraud, in order to resolve their own pressure. If housing prices drop too fast, the buyer refused to performance, and led to the bank auction houses. Such risks, not only will give developers themselves will also bring losses to the bank.

Even in lending to allow developers to provide buyers with secondary of Hong Kong, developers also very cautious for ten percent down payment. Kerry properties owned by agent affairs general manager wu mei shan, said kerry properties of many high-end estate while allowing the buyer a ten percent down payment, but the detailed investigation on the income of buyers, ensure adequate reimbursement ability, will only give a loan. Construction at the same time, kerry will assess the value of the project, believes building buildings have advantages than other competition, there will be no big price cuts, will launch this kind of promotions.

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