Men were you mortgage the house to sell financial

WASHINGTON Money
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home mortgage refinancing

2000, the Chiu Chung Dong New Area, a mortgage, buy a house sets, in October last year, there are 50,000 yuan loan was not yet. The total value of the property currently has 80 million. Recently, Zhao need a working capital, they accepted an intermediary company's mortgage, 40 million bank loan. After the success of Mr. Zhao has also funded by 5 million and interest.
agency also asked: To ensure that agreed to perform at Mr. Zhao, Mr. Zhao to handle power of attorney notary, commissioned on behalf of investors for early repayment charge solutions, selling and other procedures, the purpose is that once Mr. Zhao success of the bank loans, refusing to repay the loan early, the investor can hold power of attorney, sold the property to recover their losses.
public face

loans with no money, the house no more

Zhao think that like a good deal, as long as he can in the bank re-lending, all is not a problem will soon go through the relevant procedures. But it did not, the reasons for this year due to national policies, bank mortgage program was discontinued. Intermediary companies, and Mr. Zhao began to play
At this point, investors have been borrowing to Mr. Xiang Zhao Recall! Zhao and intermediary companies in the process of negotiations, Mr. Zhao suddenly found their own set of real estate investor has been transferred to the 60 million people under the name of low prices, investors net of principal,lunette prada, interest and fees only 50 million to Mr. Zhao. Zhao huff, the intermediary companies and investors to court, the case is being tried in the present.
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Notary Office to remind

Do you believe in lending financial

Notary Association, according to vice president of Zhengzhou City, Zhengzhou City Notary Office Director Liu Guosheng, in recent years, by selling off in the name of the actual borrower, notary commission led by private lending, is the security company and the intermediary company's main businesses. However, this approach there is a big legal risk and trouble and, therefore, Zhengzhou City Notary Association has made special provisions: the power of attorney belonging to the above shall be allowed, if found to be false notary selling, real borrowing must be rejected. In reality, often due to the intermediary companies and investors in advance, the borrower collude with each other, leading to the notary office can not understand the real situation, which for a power of attorney notary, buried a dispute risk.
Liu Guosheng appeal to the masses not to believe such a Provide clues Xing Huiying