American Ranch

Chapter 159 Deal
The location of the wine tasting room is well chosen, and the building is also very characteristic. It is on a small hill surrounded by piled stone landscapes. Facing the northeast direction of Napa Valley, you can see the mountains that are getting farther and higher...

The winery occupies a large area, and it should be no problem to transform it casually, with an annual output of 10 cases of wine.

Now, there are only two workers in the entire winery, responsible for the tasting room and maintaining the winery.

Coles is the same willful person as Chen Mo, pursuing the ultimate perfection, but he is an ordinary person, and he paid a heavy price for pursuing the ultimate perfection.Because the wine produced by the winery is not good, the price of the grapes produced by the vineyard is also significantly lower than the average of the production area...

Followed to Coles Manor.

Coles Manor is on St. Helena's side, and the straight-line distance is only 23 or [-] kilometers. However, to enter the manor, you have to take the main road and take a big detour, which is about [-] kilometers away.

Chen Mo only needs 4500 million for a mortgage loan, and another 5000 million is a credit loan. After all, he is a bigwig with a net worth of hundreds of millions of dollars. It is not difficult to get a loan of [-] million.

The asset appraisal staff of the bank made a simple assessment and valued the Coles Manor at US$5500 million, and the Coles Winery at US$1800 million.

In other words, two properties can be mortgaged to a loan of 7300 million US dollars.This is the bank's valuation, which is about the same as the tax office's assessment.But the purchase contract cannot be written like this...

"Mr. Coles, how about the price of the manor at 4500 million?" Chen Mo said.

Coles froze for a moment: "If you are willing to spend 5000 million to buy my winery, of course there is no problem."

"OK."

Coles smiled: "When will the contract be signed?"

"Today, the contract is signed today, and the title deed is transferred every day. If there is no problem, you can contact a lawyer and go directly to Wells Fargo Bank in San Francisco...The third-party guarantee company is also Wells Fargo Bank. How?"

With such a large amount of money, the other party can't be a liar, right?
Coles looked at Cohen.

Cohen smiled slightly and handed out a business card: "Our bank will act as a third-party guarantee company, there should be no safer than this. You contact a lawyer now, we will go to the bank together, and we have to make a guarantee for Mr. Chen Mo by the way loan."

Cohen thought for a while, then called a lawyer friend he knew, called a team of five lawyers, and headed to San Francisco together.

When it got dark in San Francisco, Cohen notified the bank to work overtime temporarily and kicked out the loan contract overnight.

Because the collateral does not belong to Chen Mo yet, a bank guarantee agreement must be signed first.Chen Mo and Coles signed the purchase contract... In this way, Chen Mo nominally owned the Coles manor and winery, and then signed a mortgage loan...

Drawing up a contract can take hours.

Chen Mo treated guests to Tangxia Yipin's Chinese food delivery, and was busy until after eleven o'clock in the evening: "Aren't you going to borrow more? Two properties, I can call the shots and lend you 9000 million US dollars."

Coles turned his head and looked over, the bank was full of vampires.When looking for a bank loan, the loan amount must be higher than the collateral, especially for loans that use fixed assets as collateral.

Cohen smiled at Coles: "This has to be accompanied by the personal credit of Mr. Chen Mo. Mr. Chen Mo has the highest credit rating in our bank and holds our black card... In fact, he can directly swipe the card to buy your Winery."

That's true, but the credit card interest... If there is not so much money in the account, the overspending part... directly overspending by more than 8000 million, even the super rich with billions of dollars, I am afraid few dare to play like this.

"The interest rate in your bank is too high, if there is no interest..." Chen Mo laughed.

Cohen spread his hands together: "You are already the highest-level customer, and we also provide the best loan."

"Personal credit loans of 5000 million and mortgage loans of 4500 million."

"The transaction process will also generate some fees..."

"I have some money of my own."

In Napa County, there is a nominal property transaction tax of $3.5 per thousand dollars of value.

Land also counts as real estate.There is no real estate certificate here, only the title deed...

For a property valued at US$9500 million, the transaction tax is more than 300 million.This money, if the buyer and the seller have not clearly stated in advance, the money will be shared equally between the buyer and the seller...

Early the next morning, a group of people rushed to Napa County to transfer the title deed, and the transaction tax was shared equally. Each person paid tens of thousands of dollars.After waiting for a few minutes, the $160 million from the bank was credited to Coles' account, and finally several confirmation documents were signed, and the sales contract was formally completed, which was rare and fast.

Coles had to be busy paying capital gains tax, and Chen Mo also handed over the work with the real estate agency and paid them.This transaction will definitely not be paid according to the percentage, and they don't contribute much, so they pay according to the bill they gave, a total of 5.7 US dollars, which is not too much.After all, it's a contract worth almost hundreds of millions of dollars...

Coles' wife, contacted the moving company in the morning.

After three o'clock in the afternoon, the house has been cleaned up, and Coles has replaced the house with a new sofa and living room furniture at his own expense. The bedroom and living room have been replaced with brand new furniture, including beds, Simmons, bedding, and wardrobes , dresser, etc... even the kitchen items have been replaced.

There is still a faint smell of disinfectant in the house, and it is clean. Chen Mo is very satisfied with this.

As for the Coles Manor, only one room in the huge villa was furnished, and it was not often inhabited, so it was not cleaned up.

"These two are Statham and Oakfield, responsible for the daily maintenance of the winery and the estate." This is the last handover of Coles, and then he will leave.

"Are you...are you willing to stay?" Chen Mo looked at the two of them. They were both young and in their early thirties. They didn't look like hardworking rural workers at all.

The two looked at each other in dismay, and said, "The workload of the winery is too much, we..."

Before the two of them finished speaking, Chen Mo waved his hands: "Okay, I understand what you two mean. The work in the winery is really hard. I hope you can find an easier job..."

The two were startled at the same time, they just wanted to take the opportunity to raise the price, they didn't want to lose their current jobs.

Chen Mo just bought the manor and winery, and there is no requirement in the contract to accept the workers here.

Coles shook his head: "Yes, since you don't want to stay, I will give you a severance package."

"Thank you, Mr. Coles." There is severance pay, so let's leave as soon as we leave, so we can get together and break up.

Chen Mo looked at Coles. With such a personality, it is no wonder that the winery is not well managed.After the two packed up their things and left the winery, Chen Mo also drove to the villa on the top of the mountain...

The hilltop villa covers an area of ​​931 square meters, and it is also a modern style villa with a rectangular block structure.

The area is large, and the design of the villa is relatively simple. Compared with the ultra-modern style villas in the manor, it is more than a grade lower...

The front yard is a flagstone yard of more than [-] square meters. There is a guardrail beside the yard, and the guardrail used to be a steep hillside.The backyard is surrounded by the villa, and there is a rectangular outdoor swimming pool of over [-] square meters. The swimming pool used to have a steep slope, and the forest is dense... The privacy of the villa is very good, and the hills are full of tall oaks and shrubs.

The main building part of the villa is 47 meters long and is mainly built according to the mountain.There is an indoor heated swimming pool, a luxurious jacuzzi, and a sauna...

The sauna room, heated swimming pool, and jacuzzi are in the same area, with a bit of Japanese style. The next step is the outdoor swimming pool.

The designer's residence is really good at playing.

(End of this chapter)