This Bad Luck is Awesome!

Chapter 116 - 98: Want to Buy a Foreclosed Property?

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"What kind of bizarre ringtone is that?"

Chen Mo raised an eyebrow, shaking his head and commenting, at a loss for words.

’Why does this ringtone sound so mournful?’

"I never understood the lyrics before, but now it feels like the song was written just for me..."

Pan Kejia put down her chopsticks and shot Chen Mo a resentful glance.

She really did feel that way. That one line perfectly captured what was in her heart.

"You should answer your phone."

Chen Mo shook his head. ’I really should change my clothes before coming over next time.’

’Everyone knows what’s going on, but you still have to show some respect.’

"It’s my dad’s phone call. Uh, my *real* dad."

Pan Kejia glanced at the caller ID. She had just said it was her dad calling.

But after a glance at Chen Mo, she immediately corrected herself.

Mhm, right now, her father and her "daddy" were two different people.

"Hello? Dad?"

She answered the call, but her voice was a bit hoarse and completely drained of energy.

"Did you just wake up? Did you stay up late again?"

The person on the other end heard that something was wrong with her voice and asked with concern.

"Yeah, I just woke up. I’m eating now."

Pan Kejia chatted casually with her dad.

"I told you to come live at home but you wouldn’t. It’s not good to eat takeout every day. Are you coming home for dinner tonight?"

Her mom’s voice chimed in from the side.

"No, I’m busy."

Hearing this, Pan Kejia quickly refused.

Her body was a total wreck right now; there was no way she’d recover without resting for a couple of days.

In her current state, she couldn’t even make it home.

Seeing this, a strange smile appeared on Chen Mo’s face.

After exchanging a few more words with her parents, Pan Kejia impatiently hung up.

"Go on, laugh all you want!"

Pan Kejia shot Chen Mo another resentful glance and said irritably.

After she finished eating, Chen Mo poured her a glass of water.

"You should get some rest. I’m heading back now."

Chen Mo didn’t tease her any further, letting her rest properly.

"Toss those used canvases in the washing machine..."

Pan Kejia murmured as she lay down.

’We went through several canvases last night, you know.’

’I feel like I didn’t buy enough before.’

"Alright."

Chen Mo thoughtfully tossed the few canvases, which were covered in "maps," into the washing machine, set a cycle, and then left.

Having just eaten, Pan Kejia didn’t feel sleepy yet.

Lying there bored, she opened a karaoke app.

"It’s clearly a movie for three, but I could never have a name..."

She looked at the lyrics and began to hum along.

She didn’t know why, she just suddenly felt like singing this song.

「...」

After returning home, Chen Mo first changed his clothes.

Then he sat down in his game room and checked his old phone.

He noticed a notification from Xiaohongshu on it, so he went online to take a look.

"Hi, my period is over, and I’m thinking of spending the night at my boyfriend’s place tomorrow. Is there anything I should prepare?"

As expected, after logging on, he saw a message from Xia Shiqing.

’It’s over? That’s great!’

Seeing that her period was over, the corners of Chen Mo’s mouth curled up, and a smile of anticipation spread across his face.

’She’s planning to come over and spend the night tomorrow.’

’Mhm, I’m still in a Half-Sage state today, so tomorrow will be perfect.’

’Anything she should prepare...’

He thought for a moment, and Pan Kejia’s outfit suddenly came to mind. It seemed like it could add a bit of spice, and an idea formed in his head.

"Sis, congrats on finally reaching this stage with your man."

"As for what to prepare, a lot of guys like alluring sleepwear and stuff. My boyfriend loves it."

Chen Mo replied to Xia Shiqing, posing as a female netizen.

"Alluring sleepwear? What kind? Do you have any recommendations?"

Xia Shiqing quickly replied to his message.

"How about this, sis? I’ll send you some pictures, and you can take a look yourself..."

Chen Mo did a quick search on Taobao and found a ton of lingerie that he found very appealing.

So he just took screenshots and sent them directly to Xia Shiqing.

"Thank you, I’ll go search for them."

After replying to his message, Xia Shiqing went offline.

When Chen Mo saw the little green dot under her profile picture disappear, he knew she must have gone to browse Taobao.

"It’s finally about to bear fruit."

Chen Mo thought about all his experiences with Xia Shiqing.

’Tomorrow, we can finally enter a whole new stage in our relationship.’

DING~

Just then, he received a WeChat message. He thought it was from Xia Shiqing.

He opened it and saw it was from Feng Yu.

"Chen Mo, the investigation is complete. All your swapped cigarettes and alcohol have been recovered. We’ve verified them with a UV light and confirmed they’re yours."

"I’ll have a colleague send the boxes over to you in a bit and also send you the documents."

After reading Feng Yu’s message, Chen Mo couldn’t help but marvel, ’They’re really efficient when they’re trying to get a promotion.’

"Okay, thanks for the trouble."

Chen Mo replied to Feng Yu.

"I wish you’d give me more ’trouble’! This time, we not only took down the entire counterfeit cigarette and alcohol ring, but we also handled the gambling issue as a bonus."

"Once I’ve wrapped everything up, I’ll treat you to a meal."

Feng Yu quickly sent back a voice message.

He listened to it.

Even through the WeChat voice message, Chen Mo could hear the excitement and gratitude in her tone.

"Alright, you take care of your work first. Just let me know when you’re done."

Chen Mo smiled and replied.

"OK."

Putting down his phone, he sat at his computer and opened a real estate website.

That’s right, he was going to look at houses.

Only this time, he wasn’t looking to rent, but to buy.

’It’d be best if it’s move-in ready.’

As he browsed, Chen Mo set a few filters.

He didn’t want to buy an unfurnished shell of a house. Renovations plus airing it out would take the better part of a year.

It was best to find one that was nicely renovated or a pre-owned home that was only renovated a few years ago.

As for the location, he didn’t choose any remote areas either.

He mostly stuck to districts that were considered part of the main urban area.

If he lived too far out, like in the suburbs or something,

it would be a huge hassle to get to the city center, even with a car.

Besides, it wasn’t like he was broke. He could always take out a loan.

Soon, a long list of houses matching his criteria appeared on the webpage.

He started looking through them, one by one.

He checked the size, location, nearby amenities, renovation style, age of the building, and so on.

He wasn’t in a huge rush anyway, so he could take his time.

After all, buying a house was a major life event. The places he was looking at had high unit prices, with the total cost for each property being over 15 million.

If he didn’t find one he liked, or if there were problems he didn’t spot before buying,

he’d be the one suffering later.

Even if he wanted to resell it, for one, it would be a waste of time and energy.

And for another, he might even lose money on it.

"Huh? But if I run into some bad luck, that doesn’t seem like a bad thing, does it?"

At that moment, a thought struck Chen Mo, and he couldn’t help but laugh.

If a normal person had bad luck, it was just plain bad luck.

But if he had bad luck, that was the beginning of good fortune.

He continued browsing the listings, sorting through them one by one.

Just then, a particular listing caught his eye.

"Pudong XX detached villa, building area 423 m², usable area..."

"Exquisitely renovated less than two years ago, not lived in for long, starting bid 21.5 million yuan..."

Chen Mo noticed this property and was immediately interested.

It was in Pudong, a detached villa, and the building area was quite large at over four hundred square meters.

Because the villa had a basement and above-ground floors—two or three of them—

the usable area was very large.

He looked at the renovation style; it was clearly done within the last two years.

The aesthetic was very fashionable, not the kind of style that looked dated at first glance.

Most importantly, the price was only 21.5 million.

How could it be possible to buy a detached villa of this size and with these renovations for that price in this area?

"Is this listing fake?"

Chen Mo was starting to suspect the listing was a fake.

It was just too unbelievable.

"Huh? A foreclosure auction?"

Just then, Chen Mo noticed two very crucial words.

A foreclosure auction!

Seeing those two words, a look of realization dawned in his eyes.

All his doubts vanished in an instant.

No wonder he was looking at a starting bid; it was a foreclosure auction property.

A so-called foreclosure auction property is one where the original owner, for various reasons, had the house repossessed by the court.

The court then has no use for the house, so they list it for auction on real estate websites or online platforms.

These properties have one major characteristic: they’re cheap.

Generally speaking, a foreclosed property sells for 70-80% of its market value.

If the first auction fails to attract a buyer, it will be discounted by another 20-30% from the previous price.

In other words, a house that would normally sell for 10 million would go for 7 to 8 million in a foreclosure auction.

After failing at the first auction, the price at the second auction would be 70-80% of that 7 to 8 million.

That’s around 5 to 6 million.

And if you add in some other factors,

for example, if the original owner is uncooperative and constantly shows up at the property to cause trouble,

then the price will be even lower.

Chen Mo checked the website for the prices of houses with the same floor plan and size in the same villa complex.

It showed that the normal market price for a property like this was around 44.8 million.

This meant the discount rate on this foreclosed property was as high as 52%!

The current price was only 48% of the original value.

"Such a steep discount. It seems the original owner of this house was no simple character."

Seeing this discount rate, a thoughtful look flashed in Chen Mo’s eyes.

For the house to have such a massive discount, it must be due to a combination of factors.

First, it definitely failed to sell at the first auction.

Chen Mo saw in the records that this villa had no buyers during its first auction.

This was now the second auction.

But it didn’t seem like anyone was interested this time either.

Second, the original owner of this house was definitely not someone to be trifled with.

Because even at its first auction price, the house was very attractive.

Yet no one made a bid. There was definitely a problem here.

To be honest, Chen Mo was starting to have some ideas about this villa.

He was tempted.

If he didn’t have his special ability, he wouldn’t buy this villa even if he had a sufficient budget.

But as it happened, he did have a special ability.

And it was a god-tier conceptual ability at that: the more bad luck he had, the luckier he got.

With that, he had the confidence and courage to look into this villa.

After all, it would be best if there were no troubles later. Snagging a villa worth 44.8 million for 21.5 million.

A small profit.

If trouble did arise later and activated his constitution,

then it would be a huge profit!

PS: I have a fever, not sure why yet. Just got back from the hospital after getting an IV drip. I’ll go back for more tests in the morning when it’s light out. I might have to be hospitalized.

For now, I’m posting 2 Chapters, 7k characters.