How to buy subsale below market value ?, 10 - 20% lower than martket price.....
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 Aug 13 2013, 10:09 PM
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#1
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Junior Member
21 posts Joined: Jun 2013  
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BTW, how do we check the market value of a subsale property so that we can gauge whether what the seller asking is "way beyond"? Can we check with the banks or the property agent (which may not give an accurate figure)? The market value is important because when we borrow from bank they base the loan on the market value, izzit?
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Aug 13 2013, 10:43 PM
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#2
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Junior Member
21 posts Joined: Jun 2013
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QUOTE(kurtkob78 @ Aug 13 2013, 10:29 PM) Dont trust agent. Ask several banks and valuers Yeah, agents sometime dont give accurate market values intentionally or otherwise....  and i guess banks dont really entertain esp if we are not big timers just someone who wanted to buy a property to stay, not investing to resell... thanks anyway for answer, apprec it  |
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Aug 13 2013, 10:44 PM
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#3
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Junior Member
21 posts Joined: Jun 2013
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QUOTE(moon yuen @ Aug 13 2013, 10:20 PM) Most of the time, agent will roughly tell u the market price lo... Thanks bro If they sell more than bank /market value, u need to TOP UP the difference lo... Best way is check with various bank... |
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Aug 13 2013, 10:49 PM
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#4
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21 posts Joined: Jun 2013
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QUOTE(CK15 @ Aug 13 2013, 10:44 PM) +1 Hahaha - like your comments Do ur own research for the target propert(ies) and location(s) to know the market price first... then monitoring it like reading news paper every day (every few hours if possible. Not joking!)... You'll got it one day! But, ple fast hand fast legs to make appointment and place booking... else the opportunity will gone veryx3 fast!!! ya lor must be fast esp new properties I guess,,,, i heard rimbayu phase 2 sold out by 3pm today and i only got an sms this morning! wow! |
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Aug 13 2013, 11:06 PM
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#5
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Junior Member
21 posts Joined: Jun 2013
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QUOTE(CK15 @ Aug 13 2013, 10:57 PM) Also apply to sub-sale. Peoples stay at that location know the market price and demand very well. They are the 1st one to grab it! So.... build ur network on the target location will increase the chansi..!!! tQ sifu!! |
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