LACA auction FAQ, a lot of questions...
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  Jul 17 2014, 11:26 AM, updated 12y ago
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#1
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Senior Member
2,293 posts Joined: Mar 2008 
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Just wan to know, LACA auction, is it worth to buy?
1) Can I borrow loan with LACA auction ? 2) Can the property be caveat ? 3) Incomplete documents means ?? 4) Outstanding bills will be paid by the bidder or the bank?? 5) Other advice... |
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Jul 17 2014, 11:29 AM
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#2
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Senior Member
5,488 posts Joined: Jun 2008
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QUOTE(moon yuen @ Jul 17 2014, 11:26 AM) Just wan to know, LACA auction, is it worth to buy? read the t&c provided by the auction bank1) Can I borrow loan with LACA auction ? 2) Can the property be caveat ? 3) Incomplete documents means ?? 4) Outstanding bills will be paid by the bidder or the bank?? 5) Other advice...  |
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Jul 17 2014, 11:30 AM
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#3
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All Stars
18,672 posts Joined: Jan 2003 From: Penang 
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QUOTE(moon yuen @ Jul 17 2014, 11:26 AM) Just wan to know, LACA auction, is it worth to buy? 1) yes1) Can I borrow loan with LACA auction ? 2) Can the property be caveat ? 3) Incomplete documents means ?? 4) Outstanding bills will be paid by the bidder or the bank?? 5) Other advice... 2) cannot because no title 3) means no title 4) bank normally 5) buy auction same gambling |
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Jul 20 2014, 08:24 PM
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#4
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Senior Member
2,293 posts Joined: Mar 2008
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QUOTE(gogo2 @ Jul 17 2014, 11:30 AM) 1) yes Thanks ..... Very helpful.2) cannot because no title 3) means no title 4) bank normally 5) buy auction same gambling No title, also can borrow loan ? To settle the title thing, how long it will take normally after i bought tht property ? To settle the title, is it costly lawyer ? |
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Sep 14 2025, 11:26 PM
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#5
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Junior Member
324 posts Joined: Jan 2022
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learning
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Sep 15 2025, 08:49 PM
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#6
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Senior Member
1,096 posts Joined: Dec 2016
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what is LACA?
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Sep 15 2025, 09:42 PM
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#7
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Senior Member
5,949 posts Joined: Oct 2013
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QUOTE(rumahwip @ Sep 15 2025, 09:49 PM) what is LACA? Loan Agreement Cum Assignmenthttps://www.propertyguru.com.my/property-gu...-malaysia-16482 |
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Sep 16 2025, 04:49 AM
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#8
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Senior Member
2,551 posts Joined: Feb 2016
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QUOTE(moon yuen @ Jul 20 2014, 09:24 PM) Thanks ..... Very helpful. Yes, deed of assignmentNo title, also can borrow loan ? To settle the title thing, how long it will take normally after i bought tht property ? To settle the title, is it costly lawyer ? |
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