Im right am I? Lol

yes, you are right since 2016

Strange didn't remember pandemic started in 2016. Did I said she selling her place in 2016 before? Or u reading post wrong again.

This is done by estate valuer firm, based on recent transacted snp price. Its not really suka2 sebut, but based on records.

estate value firm got conflict or not if the property they evaluate drop so much even base on recent transaction.

does estate firm benefit from property price rise or price drop?

duble

This post has been edited by blek: Oct 2 2022, 03:02 PM

If valuer's value is unrealistically high and bank suffered losses from it, the valuer is liable to compensate the bank for the losses or blacklisted by the bank.

This post has been edited by icemanfx: Oct 2 2022, 03:41 PM

How about losses/default due to loan compression? Who will going after who?

Bank will go after borrower.

This post has been edited by icemanfx: Oct 2 2022, 04:32 PM

This is malaysia, there’s a way with the valuer kan kan?? there’s even a sop of which banks to submit loan first..

haha

So many cases people compress 8-10 props in 1 name.. heck got 1 case got 13 properties

Normal sheep compress then can’t service loan sure gg, bankrupt or life ruined.

but those pro and well planned, compress by marking up loan amount vs market price with nice talks to owner/developer.

cash out and run.

bank also cant find.

1 property cash out 200k, if 5? if 8?

This post has been edited by Bendan[520]: Oct 2 2022, 08:09 PM

Leverage amplify profits as well as losses.

Unless migrated or used false identity, almost certain blacklisted for life.

This post has been edited by icemanfx: Oct 2 2022, 08:42 PM

***


***
A-1-13A Impian Heights Aprt, puchong

Reserve price🔥🔥RM 268,000🔥🔥
1281sf Auction: 31/10/22 freehold
***

Selangor Auction Property


This post has been edited by icemanfx: Oct 2 2022, 09:49 PM

Selangor Auction Property

This post has been edited by icemanfx: Oct 2 2022, 09:44 PM

some of the location auction price dont even worth above 280k

yeap, just mark it up, cash out , can have cash flow for business/renovation/personal use.

who dont want? cheapest interests of all loans..

only noobs use personal loan. the pros use housing loan lol


but not that pro if gg/bankrupt

Arte mont Kiara like a recycle thrash ...

Hopefully KLCC locations drop 20-30% or more, want a walk to work lifestyle

Burst d. Buy now.