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This post has been edited by Kilohertz: Jul 9 2019, 01:03 PM
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 Jun 29 2015, 04:47 PM, updated 7y ago
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2,173 posts Joined: May 2010  
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Jun 29 2015, 05:01 PM
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#2
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QUOTE(shinchan^^ @ Jun 29 2015, 04:53 PM) Thanks! That's exactly what I'm looking for. Some question on the the valuation process? Usually how to engage a banker to perform a property valuation? Do I need to pay a certain fee? |
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Jun 29 2015, 05:07 PM
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#3
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QUOTE(cheahcw2003 @ Jun 29 2015, 05:03 PM) the banks that u are going to apply loan has their own panel valuers. How much does it usually cost?You appoint the valuers via bank and you need to pay the valuation fees.  |
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Jun 29 2015, 05:12 PM
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QUOTE(cheahcw2003 @ Jun 29 2015, 05:08 PM) you can google the fees scale, they have a professional charge according to the valuation of the property. Alright, so it can range in between 800-1000 for a 500k house? I'm just assuming My last report done cost around RM1200 for RM650k valuation.  |
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Jun 30 2015, 02:04 PM
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#5
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QUOTE(lord @ Jun 29 2015, 10:39 PM) May I know when to pay earnest deposit? Realtor told me to pay when making an offer and before starting to bargain so that the owner know I'm sincere in buying. I'm not convinced though. Why should I pay before an agreed price is met? How much is the earnest deposit? Is there a standard rate? |
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Jun 30 2015, 02:05 PM
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#6
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QUOTE(frequency @ Jun 29 2015, 05:40 PM) mine 650k cost me RM1250 for valuation fee Thanks! This is really intuitive.http://loanstreet.com.my/calculator/home-l...cost-calculator 500k Sale & Purchase Agreement Costs SPA Legal Fees: 3950 SPA Stamp Duty:9000 Loan Documentation Costs Loan Documentation Legal Fees: 3600 Loan Documentation Stamp Duty: 2250 U need about RM18~20k usually u always need to have about + 15% cash of the prop purchase price .(10% deposit, 5% for the thisthat fee) . The legal fee can be included into loan as well which u need check with the bank. |
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