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 Margin call on property, Does it exist in Malaysia?

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KLsooner
post Mar 16 2013, 08:55 AM

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Read the loan agreement carefully. My loan agreement clearly stated bank reserve the right to reevaluate the property but did not state clearly whether they will call a margin or not. But If they reserve such a clause to adjust the valuation of the property in a later date, meaning they will take some measures to cover their back side, anyway it is not good the borrower when property price falls below outstanding loan amount.

 

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