Hi sifus need your advice. I spotted a subsale single landed freehold and the agent told me the below stories. I am inexperience hence appreciate if you could advise a little or two.
1. Owner of the house never check the condition of the house since the purchase which is 8-9 years ago.
2. Owner of the house never collect the key from developer.
3. Owner has been serving the loan but still got outstanding of few thousand.
4. Developer has confiscated the house key of the owner in view that he never collect the key.
5. Developer will give out the key to owner provided he finished serving the outstanding, which is a few thousand left only.
With that, I am unable to check the interior condition of the house because agent said the key is with the developer. Does it sounds fishy to you?
What should I do to avoid been conned?
TQ for your advice.