QUOTE(AppreciativeMan @ Nov 10 2012, 02:12 PM)
Which was the other bank apart Maybank? Why not u ask the banker? Or what have they says regards your question 1
And for question 2, I doubt there is any bank tat is so free nothing to do and wants to do valuation annually. This clauses I believe is mainly to protect the bank when doing force selling or when market turns bad, where the value of property fall below the loan amount.
Anyway, if u reads every detail of bank's rules, it will discourage u from doing business with them.
I got CIMB and that is the clause by CIMB. Haven't had the chance to talk to the CIMB agent yet. Just thought of asking here first and see.
That's my thought too. but would like to see whether any1 face this "annually" valuation or not.Thanks for your input.

QUOTE(RomaNce @ Nov 10 2012, 03:14 PM)
I have bad experience with maybank therefore out of my list. Go for other bank if u have a choice.
I guess for your case it's more like the post loan application services?
i am dealing with Maybank HQ agent. Therefore, from what i understand, my loan is parked at the HQ side. If the HQ side tells me BS story and can't help much, then i can't say anything else.
Anyway, thanks for your input

Added on November 12, 2012, 10:17 amQUOTE(Sprop @ Nov 12 2012, 02:30 AM)
Hi All,
It's my first post in Lowyat forum and I'm a first time property buyer.
I have also purchased a unit in Desa Green Tower 2 however, I did not enquire much from the SA, just like what you guys said, they are not being helpful and with the inconsistent information, I can find better information here. The reason I bought from UOA is due to what I see in the past completed property like in Bangsar South.
I'm buying for investment but after thinking much, I thought this may be on the high price for such small unit. However, I am confident with the quality delivery that UOA can provide. Therefore, I'm hanging on to it. I also have little information of the unit I bought (direction, views, shape, facilities, carpark lots). HAHAHHA. Thank goodness for lowyat forum.
Being a newbie in this forum and property investment, I have a few questions to ask.
1) I have received the notification letter 2 weeks ago, it says to contact their sales personnel to execute the sales proforma, the option to purchase the property and other relevant documents.
- what would the sales performa consist of?
<-- Details of ur units and the stakeholder's fund together with the 5% discount, DIBS remarks.- what is the option to purchase the property that they offer?
<-- some letter from you to developer (seri tiara) that you want to purchase the unit at RMxx price of which you have paid 10% deposit (10% deposit-RM10k-5% discount)- other relevant document would be as mentioned, DIBS and 5% rebate? And how does the 5% rebate works?
<-- U will need to sign an acceptance of DIBS scheme. Simply letter sayign developer will bare the interest provided that u provide what developer wants..in letter will mention.- Will the SA contact me if I do not get in touch till end of the month?
2) I have read one of the post that says we can convert our individual units to residential title, any advise how to execute that?
3) As for the loan legal fee, can I use my own preferred law firm or must I use what is written on the Sales Proforma?
<-- For the SPA and Loan agreement lawyer, you will have to follow the lawyer written in the Sales Pro-forma. Not sure whether u can request to change lawyer firm or not.I truly appreciate and thank you in advance for furnishing me with elaborated details.
This post has been edited by cadmus: Nov 12 2012, 10:18 AM