Desperate times call for desperate sellers

[Neoxenon]

The economic recession is here again after a cycle of incredibly high property prices, and it is time for me to go shopping for bargains in the high-end property segments. For the longest time, I have watched greed drive middle-income people, who can afford a mid-range condominium, go out on a limb and risk purchasing high-end apartments hoping to turn them around before TOP to make a quick buck. The economics just could not sustain so much speculation, and it wasn’t long before the bubble burst and prices came crashing down.

These speculators were all caught with their pants down, and they are now so desperate to sell their apartments before TOP to avoid the huge first installment under the deferred payment scheme. Perfect opportunity for investment sharks like me, to swoop in and enter the market at a good price, given that the whole market is so desperate to sell their units. Little did the sellers know, that other than a bargain-basement price, they had to throw in a little more sweeteners for me to bite. My name is Derrick, and I am a full-time property and shares investor, and this is my story…

I have been marking out various key districts that I know people have over committed in their purchases, including several Marina Bay projects. The newspaper and Internet was rife with advertisements from owners selling their “investments”, and I was cherry picking. All were asking for incredibly ridiculous and unrealistic pricing given the current economic situation, and I laughed off their offers. I could sense desperation in the tones of some of them, and those are the ones I swooped in on.

“I don’t think $1300psf is a realistic price, Cheryl” I said over the phone, “there are people selling for $1000psf already.”

“I know. But my unit is on the high-floors and facing the Marina Bay area, which is definitely worth the premium!” the sweet sounding voice of Cheryl had underlying tones of stress which I detected.

“I don’t know. I don’t care about the view at all… I only want the best price per square feet for renting out the unit,” as I tried to sound nonchalant.

“Why don’t you come down and take a look first? I am sure you will change your mind after seeing the great view and furnishing,” Cheryl pleaded.

I knew she was the kind of desperate seller I was looking for. “Alright then. I don’t think that will make any difference, but I hope I am not wasting my time. I have a lot of other units to view you know!”

“Don’t worry, Derrick. I will definitely make it a worthwhile trip for you!” she said before we hung up. I was sure she didn't know how much her words would mean. The investor shark in me is going to eat her alive for breakfast, lunch and dinner…

[IWANT2BONKU]

Gd start of yr story.

Keep coming

[Neoxenon]

I arrived at the condominium 20 minutes before the appointment – it was my practice to check out the surroundings and facilities before viewing the unit. Everything was spanking new, and I can see movers getting the furniture of the neighbouring units around. Those are the people who are really into buying real estates, unlike the speculators who didn’t have a strong economic base. They took a big gamble and now they are really getting burnt by the numerous properties coming onto the market, and all they want now is to sell their property and get out of deeper trouble.

“Hi, are you Derrick?” the sweet voice came behind me. I turned around and was greeted with an incredibly beautiful lady. Cheryl looked mid-twenties, which surprised me since I expected someone around 30s. She had big eyes and small lips, with perfect white and smooth complexion, like a Japanese AV idol. Her glossy black shoulder-length hair was immaculately trimmed to make her look doll-like, perfectly complementing her face. And she had the most perfect pair of lips I’ve ever seen – small, immaculately formed and plump, and lined with glossy lipstick which glistered in the sun.

Cheryl was wearing an office suit with a jacket and skirt, which showed off her stunning figure like no other. I can tell she had a C-cup under that jacket from my experience, and her short office skirt perfectly showed off her long sexy legs in stockings. She was wearing a pair of high-heels, which propped her legs in a sexy stance and gave definition to her tight butt behind that tight titillating skirt. She had the height and the figure to match that perfect face. I was turned on by what I saw, and instantly naughty thoughts began to form in my perverse mind...

[Megatronzombie]

Originally Posted by iceage

Yeah. The price got to come down sooner. I sold my unit late last year and chose to rent an apartment. Keep my cash and waiting for the right time to enter the market again.

bro, i dun think thats the point. TS is going for a sex story

[Neoxenon]

Cheryl saw me checking her out, and started apologizing for the attire. “I’m sorry I was late. I had to do a presentation in the office this morning,” she stammered. “Well, I thought you were an insurance agent in this outfit!” I said without taking my eyes off that sexy office attire. “We’d better go check out your offer – I don't have all morning!” I said.

We took the lift to the 36th storey, and came to a 3-bedroom apartment. Like she said, the view overlooking the Marina Bay was breathtaking through the full-sized windows. I tried to hide my enthusiasm as I browsed through the apartment, and I saw that there was furniture inside the house. She must have considered renting out the unit for expats perhaps, only to be burned by the waves of expats leaving Singapore. Perfect opportunity to increase the pressure on her to sell the house – I chuckled to myself. It wasn’t fancy designer furniture for sure, but the basic necessities such as the sofa, bed and dining tables were all there.

“What do you think, Derrick?” she asked. I turned around and saw Cheryl standing in the hallway. The rays of the morning sun bathed her in glorious light, and I can see her big round eyes looking at me in earnest, hoping that I can rescue her from the financial crisis. “The house is nice, but it is not worth anywhere the price you are asking for.” I said as a matter of factly. I can sense her disappointment immediately in those expressive eyes as her eyelashes with those perfectly applied mascara fluttered in panic.

“Derrick, this is a very good unit unlike the rest facing the city area. Please trust me on this! How much are you willing to offer?” she looked at me with those doe-like eyes. I looked at the young sweet thing standing before me, and said “$1100 psf and nothing more.”

Cheryl took a deep gasp at my bargain-basement offer. “But… but I paid $1500 psf for this unit!” her voice trembled at the prospect of not being able to offload this huge burden. I mentally calculated the price she paid - $1.6 million. She must be mad or greedy to commit to such a house in the first place.

“That was way too high. You went in at the wrong time and got burned by your greed – pure and simple.” I told her. “That’s not true! I wasn’t greedy!” as tears welled up in her eyes. “My fiancée wanted to invest in property with the extra money he made in property. And then the market crashed suddenly… and he lost all his money. The property completed at the wrong time and now we’re stuck with all the paper losses in shares and property!” her voice was quivering and she was looking down. I can detect drops of tears on the floor, but I wasn’t about to soften my position…

[Silent=Killer]

Hahaha.. Juicy part should be coming...Camping here for more.

Nowadays plp are getting more and more luckier. Some plp play games or go downstair eat mee pok can get free Fxxx, now buy property also can get free Fxxx. Steady lah!

Hopefully next time I go bank deposit $$$, I could get a free bbbj from the counter staff.

[justwanadoit]

one desperate for $, another desperate for sex, sounds like FL and Chiongster setting in GL except now got a house thrown in

[Neoxenon]

“I understand how you feel Cheryl, but there is no way anyone in the right mind will offer you anywhere close to $1500psf. Not even $1300psf that you’re asking for.” I said in a stern voice. She lifted her head to look at me, and bit her soft and plump lips. “Please… I really need the money to pay off the house, the shares and my wedding. I beg you… please offer a better price… the others have offered $900psf or less… I know you are a generous man Derrick. Please… help me...” she was sobbing by now.

“Come on, don’t do this to me… it won’t help if you start crying now. Others may think I’m bullying you!” I said, knowing fully well that there were no others, only this sweet young thing and me in this cosy apartment. “Let’s dry your tears and see if I can help you in any way,” as I led her by her waist to the sofa.

As we sat down on the sofa, she looked at me with her damp eyes and asked, “Will you really help me Derrick?” I held her hands and she didn’t pull away. “You said you needed money for your wedding. You are getting married soon?” She looked down and replied “Yes. In about two month’s time… we didn’t start any preparation yet as we needed money for the deposits.” She squeezed my hand, “I really need the money desperately Derrick. Please….”

That was precisely what I wanted to hear – words like “desperate” and “please”. My financial mentor was right… it was good to be rich!

I rested my hand on her far shoulder and pulled her closer, as my other hand rested on her skirt. I looked into her eyes and said, “I want to help you Cheryl, but you make it difficult for me. I am prepared to pay $1100 psf, because that is really what the house is worth. I don’t know how to justify paying more than the worth of the apartment.”

“You know it’s not true Derrick,” as tears rolled down her smooth cheek. “You can help me Derrick. Please… help me… I can’t fail! I know I will be a high flyer, and I cannot go bankrupt at such a young age! I will do anything to change your mind!”

The conversation was going exactly the way I wanted. “Anything?” I moved my hands from her short skirt downwards, and started stroking her smooth thigh covered in stockings. I guess that should send the right signal for the message as to what I coveted.

[LostALau]

Originally Posted by Silent=Killer

Hahaha.. Juicy part should be coming...Camping here for more.:

Hopefully next time I go bank deposit $$$, I could get a free bbbj from the counter staff.

Bro, stop dreaming lah. If so easy, my next flight overseas can ask the air hotess to bbbj me liao.

[huanggua]

Hi TS,

Are you spinning a yarn? If not, can pm me the contact and property address so that I can follow up? I am a serious investor.

[DarthRevan]

It doesn't matter if the story is real or not, just enjoy reading it. Nice story, TS

[DegenerationX]

Originally Posted by Silent=Killer

Nowadays plp are getting more and more luckier. Some plp play games or go downstair eat mee pok can get free Fxxx, now buy property also can get free Fxxx. Steady lah!

Sounds very familiar leh.....

[justwanadoit]

Originally Posted by iceage

Yeah. The price got to come down sooner. I sold my unit late last year and chose to rent an apartment. Keep my cash and waiting for the right time to enter the market again.

if price dun wan to come down, then the female agents can 'go down' also good

[AD69]

Pitching tent here.

[LED...]

Very innovative way to kick start a erotic story......Bravo....

Camping for more........