Lawyer fees, Any lawyer here??
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 May 25 2010, 01:27 PM, updated 16y ago
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#1
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Senior Member
2,776 posts Joined: Jul 2006  
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Buying a house of rm240k, i was quoted a total cost of rm5400 for s&p (half between the buyer and the vendor) and all those miscellaneous fees. Is this price reasonable?
Loan documentation (without title and based on loan of RM240,00), Deed of Assignment, Facility agreement, Charge in escrow, Power of Attorney plus stamp and registration fee...which is memorandum of transfer here? This post has been edited by Savor_Savvy: May 25 2010, 01:47 PM |
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May 25 2010, 01:40 PM
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#2
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Junior Member
25 posts Joined: Nov 2007 
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QUOTE(Savor_Savvy @ May 25 2010, 01:27 PM) Buying a house of rm240k, i was quoted a total cost of rm5400 for s&p (half between the buyer and the vendor) and all those miscellaneous fees. Is this price reasonable? You can use this to calculate all cost related to your property purchase. Just select the right calculator from the listed options. http://www.fiscal-wise.com.my/FinancialTools/ Good Luck!!! |
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May 25 2010, 01:46 PM
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#3
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Senior Member
2,776 posts Joined: Jul 2006
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QUOTE(East_Bound @ May 25 2010, 01:40 PM) You can use this to calculate all cost related to your property purchase. Just select the right calculator from the listed options. Thanks..http://www.fiscal-wise.com.my/FinancialTools/ Good Luck!!! |
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May 26 2010, 07:07 AM
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#4
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Junior Member
309 posts Joined: Jun 2008 From: kajang
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remember, if you have not claim before, you can get 50% discount for your stamp duty.
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May 26 2010, 09:12 AM
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#5
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Senior Member
1,191 posts Joined: Sep 2004
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most of the banker estimate 3% of the property cost
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May 26 2010, 11:04 AM
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#6
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Junior Member
105 posts Joined: Mar 2005
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dammit, i got charged RM7k for a property worth RM150k
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May 31 2010, 03:21 PM
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#7
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Junior Member
93 posts Joined: Feb 2010
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QUOTE(Savor_Savvy @ May 25 2010, 01:27 PM) Buying a house of rm240k, i was quoted a total cost of rm5400 for s&p (half between the buyer and the vendor) and all those miscellaneous fees. Is this price reasonable? 50% Stamp duty discount for first home buyer only for property below 200k only... Loan documentation (without title and based on loan of RM240,00), Deed of Assignment, Facility agreement, Charge in escrow, Power of Attorney plus stamp and registration fee...which is memorandum of transfer here? your lawyer fee is DAMN high.... unless it covers your loan's lawyer fee... |
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May 31 2010, 04:59 PM
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#8
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Senior Member
3,140 posts Joined: Jan 2003
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my house loan is rm295k and S&P is bear by the developer.
but then, i'm paying around 4.2k for the stamp duty+misc fees+etc. |
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May 31 2010, 05:48 PM
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#9
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Senior Member
641 posts Joined: Jun 2009
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QUOTE(shadow111 @ May 31 2010, 04:59 PM) my house loan is rm295k and S&P is bear by the developer. me almost same with u. but then, i'm paying around 4.2k for the stamp duty+misc fees+etc.  my loan is RM218k, s& p bear by developer lawyer firm charge RM3850 for all those kili karak  |
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