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 MyDeposit - Thoughts?, Home Deposit scheme

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notmycupoftea
post Feb 13 2017, 06:39 PM

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my friend just signed the SPA today.
she is so sad to find out MyDeposit will be open in probably few months later for 2017 batch.


notmycupoftea
post Feb 15 2017, 10:00 AM

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QUOTE(luotang @ Feb 14 2017, 09:56 PM)
source?

if it's open few months later then should I be start looking for houses?
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go to #997 or #1008 or visit the official website.
i just made a bold guess about the "few months"...it could be before mid of the year or end of the year...but surely before the coming general election biggrin.gif
notmycupoftea
post Feb 15 2017, 10:32 AM

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QUOTE(gastacopz @ Feb 15 2017, 10:07 AM)
from offical website..but form nowhere to be found yet
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i think tak perlu isi physical form. there is a "permohonan" button at the right top.
since it is not open for application yet, we do not have any access to the "permohonan" page
notmycupoftea
post Feb 15 2017, 12:49 PM

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QUOTE(gastacopz @ Feb 15 2017, 10:33 AM)
yup..

hope they postponed the closing date as well..

since today also not yet open..1 months only from original date they proposed 10/2-10/3
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u misunderstood that para. that closing date of 10 March 2017 is for those who already got Tawaran (applied previously and got offered) to submit the remaining documents to the KPKT.

that's why i previously made a bold guess that the permohonan may be only open few months later since KPKT needs time to process and review the remaining docs submitted by the applicants who got the Tawaran (applicants to submit by 10 March 2017) and thereafter deposit the RM30k to the successful applicants. after clearing up this batch baru open application to public again.
notmycupoftea
post Feb 16 2017, 04:30 PM

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QUOTE(luotang @ Feb 15 2017, 10:50 PM)
is it possible to look for 2nd hand house first, and if got a unit that I like, then pay deposit (maybe a few k), then drag until mydeposit open and then I apply?
the only problem is the seller may get impatient. other than that?
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the other issue to consider is we have no idea what is the quota left for this program. timing and quota issues

u can pay partial downpayment to the seller, but what if the govt suddenly said no more quota....will your partial downpayment be refundable? or will u proceed to buy the house without the incentive of RM30k?

some applied and got rejected, are u ready for this? lol
notmycupoftea
post Feb 17 2017, 09:38 AM

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QUOTE(luotang @ Feb 16 2017, 06:49 PM)
yes even without incentive will probably buy anyway
my current thought is if really found a unit i like, pay deposit, and can wait until end of 1H see if open or not.

you said pay partial downpayment, I assume you mean if the house is 500K, I pay 20K, and the rest 10% downpayment is paid by the incentive?
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i mean any amount that can keep your seller happy and willing to wait for you. for the scenario u quoted, can be more than 20k or less than 20k


 

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