Pricing Research on the Real Estate Mortgaged Non-Performing Based on Real Options

China Real Estate Market has grown rapidly in recent years in recent years in our country. The banking system has accumulated a large number of non-performing asset class of real estate mortgage for various reasons. Considering the entire financial system´s security, we must dispose of such assets. As an investor, before investments, the must price such assets reasonably. With the rapid economic development, the traditional non-performing asset pricing methods reveal a variety of defects. This article will introduce real option theory to the study of such non-performing asset pricing to find out a kind of pricing method which reflects the non-performing assets real value finally.