Although there is a surplus of shops in various cities, it is still easy to sell them at half discount. Take your case as an example. If the price of all the pavements around the shop is about 16 million yuan (which proves that the shop has this value), then if you bid 8 million yuan, a bunch of people will definitely want it, and you won't be able to sell it at all.

But if this shop is really worth 16 million yuan, then the developer can't give it to you, because it can completely return your 8 million yuan project payment by itself. Therefore, the so-called 16 million yuan of this shop is basically an imaginary price. After all, a shop with a value of 16 million yuan, if it is not a major first-tier city, is definitely the core lot of each city. In this lot, there is no need to rent or sell.

how to turn it into working capital?

The easiest way to turn a shop into working capital is to rent it out. Of course, if you rent it out, the rent collection will be limited, and it will be slow to return to the capital, which may not meet your working capital demand. After all, if you rent it, it will cost hundreds of thousands of yuan at most a year, and there may even be cases where you can't rent it out, so this liquidation channel is slow.

The simplest thing is mortgage loan. Since the developer owes you the project money, it proves that you are a construction engineering company. As a construction engineering company, you should have all the basic licenses. Therefore, you can apply for credit from the bank and use this 16 million yuan store as collateral to make a loan. Generally, the mortgage rate of the store cannot exceed 6%. In theory, you can borrow 9.6 million yuan, but your 16 million yuan should be false. Assuming that the actual value is 12 million yuan, then the money you can borrow is 7.2 million yuan, which is closer to the 8 million yuan that the developer owes you. Even if the store is only worth 1 million yuan, you can lend 6 million yuan, which is higher than the liquidity that can be driven by renting.

There is also the possibility that the developer has mortgaged the whole project to the bank for loan, and all that can be paid to you is the signing of the contract as evidence. If the developer fails to repay the loan from the bank all the time, you will never get the loan, and the real estate license will be delayed. After delivery, you may only get the right to use it if you are lucky.

Summary

It is not the first time that the developer defaulted on the project payment and finally paid off the debt with the house. However, in reality, it is only after being sued that the court will be willing to pay off the debt with the house through mediation, otherwise it will be delayed. Moreover, the real debt-paying property will not differ so much in value. Generally, the difference between the difference amount and the actual difference is within 1%.