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 Valuation Fee, Valuation fee on property 628k

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TSSblad3
post Aug 26 2015, 10:39 AM, updated 11y ago

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hi all,

Understand there is a scheme to calc valuation fee. http://www.malaysialoan.com.my/2011/08/mal...valuation-fees/
By using that, my valuation fee should be
100k*0.25%=RM250
528k*0.2%=RM1,056
Total RM1,306


My question is,
1) is there any disbursement/additional charges?
2) Any range of discount for normal valuation? (10-30%?), if it is, it is on the standard fee or disbursement?
3) So far only 1 valuer called me said she was appointed by the bank, if I feel the price is not reasonable, can I ask for another valuer?

Thanks!
TSSblad3
post Aug 26 2015, 10:50 AM

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Thanks for the quick response, it help!
On #2, may I know the how much can the discount goes to? 30% like lawyer fee?
TSSblad3
post Aug 27 2015, 10:45 AM

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Thanks for the advise, ieian81.
so far got 20% discount
One last question, should I pay upfront or after the valuation? partial or full?

 

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