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 Buying First Home, Finance and Legal Advice

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feralee
post Nov 20 2009, 09:00 AM

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QUOTE(leongal @ Nov 20 2009, 08:41 AM)
Deposit usually 10% - RM 15,000

Estimated S&P agreement fee = RM 2,575
Stamp duty for S&P = RM 1,000 (Suppose to be RM 2,000 but got 50% discount cos ur property less than rm 250k)
Estimated loan agreement fee (if you taking 90% loan) = RM 3,092.50
Stamp duty for loan agreement = RM 337.50 (Suppose to be RM 675, but got 50% discount)
Memorandum of transfer = RM 2,000

Therefore, estimate that you should have at least RM 20,912.50 at hand before u start buying...

Figures from: www.fiscal-wise.com.my
*
wat bout legal fees>?

wat is memorandum of transfer? how is it be calculate?
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feralee
post Nov 23 2009, 12:27 AM

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if i wanna buy at property value at rm190k, how much is the legal fees i need to pay for the S&P? assume i pay 10% deposit
from www.fiscal-wise.com.my, is RM5669.
is it correct?
is the website auto will discount the stamp duty?
thanks



 

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