Get well soon!

Don't be too upset, I contacted the brother darween's lenglui agent but no respond... got on hold of another agent then only the application process start rolling. Haha.. perhaps I'm not as handsome as darween, that's why got less attention.

This post has been edited by neotheone: Oct 28 2013, 11:40 PM

Received a call from CIMB. Loan amount < 500k. Blr - 2.4%. Banker mentioned that's the best rate. Can't negotiate. more details will be in my email tomorrow. I asked him to take a rest today and only fill me in with details as it has been late in the evening. Haha, a very hardworking chap indeed!

Oh so sorry bro darween, it's not my intention to flame rumours. I apologies if you are offended. I was chunking out opinion mixed with humour.

Oh sorry to hear that mate.. I approached Tia, whose name is in the list, quite responsible chap. He even preempt me his holiday date and how to reach him for those dates.

I have good experience with HSBC, and the other RHB agent also.

Dear all taikors, need your input..
Received LO from CIMB,
Full flexi. 90% loan. Blr - 2.4%. 35 years.
Monthly fee rm10. Setup fees rm200

I asked the banker whether can change to 30 years but banker advised to keep 35 years loan as in BNM, my monthly commitment will be lower. And besides I can pay more monthly installment to off set the interest.

The issue now is i makan gaji only, will not foresee huge windfall, except if boss give me 6months bonuses. Haha. So not sure whether paying monthly fees is useful for me. Second question is: is getting a 35 years loan better than 30 years? The interests saved is a lot form that 5 years and I only need to fork out extra rm200 per month to service the 30 years loan...
Kindly advise. Cheers!!!

Haha, bro darween! Cheers bro! We are all future neighbours and I'm happy to "see" all are gentlemen and ladies. Great stuff!! When it's time for open house, I'll invite you all nice neighbours!

Good point.

Yupe, stated in the LO.

Hello all future neighbors!
Got another LO from OCBC. It's an islamic loan, semi flexi. Just wondering what are the differences between the islamic and non islamic loans, apart from the different terms used in the "interest".
Cheers!

Hello there,
My LO did stated DIBS scheme, but I noticed a clause at the end:

"What are the fees and charges I have to pay?
Stamp Duties
As per the Stamp Duty Act 1949 (Revised 1989)
Disbursement Fees
Include fees for registration of charge, land search and bankruptcy search
Processing Fees/Set Up Fees
Flexi
Setup Fee : RM200.00
Monthly Service Charge: RM 10.00 until full settlement of this HomeFlexi"

Does it means we have to pay stamp duties and disbursement fees? Thanks.

Danke!

Oh I didn't know that we can sign the loan in the lawyer office.. Haha, any advantage of doing so cheryee kar jie?

This might be an issue for me as I am working outstation. omg.

Thanks Skyvi, I will start writing once i received the confirm date of signing. Have to withdraw EPF thereafter, that is another procedure to go through. Haha...

LOL. Out of country this time around, but not a big boss myself, macai of my big boss only. XD

Thank you! In this case, should be ok. Do they allow signing in weekend too?

RPGT based on S&P names and each person has once in a lifetime exemption from the tax. That is as far as I understand. Joint name in loan is ok, but be mindful if you wanted to buy more than 2 houses under shared names as the banks can only loan a max of 70% to you.

This post has been edited by neotheone: Oct 31 2013, 03:59 PM

Buying a house has never been so uncertain, I bought it without even knowing for sure the house specs. Felt almost like paying for a mail order bride. Hahahaha... Just kidding just kidding

This post has been edited by neotheone: Nov 1 2013, 11:49 AM

Dear all sifu, need your advice again here.
My S&P is under joint names, while bank loan is single name. Both me and my partner would like to withdraw EPF for the rest of the down payment.
Will there be any problems? Thanks!