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 Bank Lelong Properties

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TSmegatdanial
post May 16 2016, 04:21 PM, updated 10y ago

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Hi everyone,

Sorry I am very new to this. Would like to know how to buy a house from banks? I heard that we need to attend auctions etc? Is there any other way which is easier like an agent representing us? Would really appreciate your recommendation.
loverboy110
post May 17 2016, 10:16 AM

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https://www.imoney.my/articles/guide-to-auction-property


http://www.investmalaysiaproperties.com/ma...s-and-guideline


http://1-million-dollar-blog.com/beware-of...ioned-property/



https://forum.lowyat.net/topic/1425083/all
loverboy110
post May 17 2016, 10:35 AM

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""Second Trap – Occupied Property
You are buying the auctioned property as it is. So if there are people occupying the property, it is your job to get them out. It is very difficult to get the out. They are not in most of the time. Even when they are, they refuse to open the door.

You can get a court order to evict them but that will equal to time, cost and money. Sometimes, they may still not budge even with the court order. So in short, if the property is tenanted, and the people living there are not willing to move out, forget about it – no matter how cheap the property is unless they are willing to pay you good rental."""

Watch the video: https://www.youtube.com/watch?v=64ZayyTnzq8

jack2
post May 19 2016, 01:15 PM

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Joined: Oct 2004
QUOTE(loverboy110 @ May 17 2016, 10:35 AM)
""Second Trap – Occupied Property
You are buying the auctioned property as it is. So if there are people occupying the property, it is your job to get them out. It is very difficult to get the out. They are not in most of the time. Even when they are, they refuse to open the door.

You can get a court order to evict them but that will equal to time, cost and money. Sometimes, they may still not budge even with the court order. So in short, if the property is tenanted, and the people living there are not willing to move out, forget about it – no matter how cheap the property is unless they are willing to pay you good rental."""

Watch the video: https://www.youtube.com/watch?v=64ZayyTnzq8
*
Kesian also watching this... Actually whose false?
loverboy110
post Jun 1 2016, 02:37 PM

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cclay
post Jun 4 2016, 03:35 PM

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QUOTE(loverboy110 @ Jun 1 2016, 02:37 PM)

*
Like this also can meh? Kesian the goven officar.

I saw a MPV there. Have money wan wor...
forever1979
post Jun 7 2016, 12:33 PM

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dont know is a real or not
why the guy so patient and polite one.

but this lady really win liao, some more curse people bodoh. like she got all the fact.

hope some gangster go n teach her a lesson


eikhwan4
post Jun 8 2016, 10:43 PM

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this girl really need to be teach a lesson.
TOMEI-R
post Jun 8 2016, 10:47 PM

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From: Kuala Lumpur


QUOTE(loverboy110 @ May 17 2016, 10:35 AM)
""Second Trap – Occupied Property
You are buying the auctioned property as it is. So if there are people occupying the property, it is your job to get them out. It is very difficult to get the out. They are not in most of the time. Even when they are, they refuse to open the door.

You can get a court order to evict them but that will equal to time, cost and money. Sometimes, they may still not budge even with the court order. So in short, if the property is tenanted, and the people living there are not willing to move out, forget about it – no matter how cheap the property is unless they are willing to pay you good rental."""

Watch the video: https://www.youtube.com/watch?v=64ZayyTnzq8
*
Or you can get some 'people' to throw them out. Only issue here if the tenants have old people or kids in the house.

This post has been edited by TOMEI-R: Jun 8 2016, 10:48 PM
forever1979
post Jun 9 2016, 07:10 AM

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or give them 'moving fee' as compensation

no choice la in this BolehLand

 

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