QUOTE(AskarPerang @ Apr 17 2023, 11:08 PM)
The defaulter owner did not do MOT yet.
No buyer can buy direct from this owner.
In normal subsale market, the seller will need to settle MOT before selling.
But coz this is force sale by the bank, the winning bidder will need to settle this MOT first. And then only can proceed to the normal transfer (2nd transfer). Hence the name double transfer.
Long story short, need to have 115% of selling price to be safe.No buyer can buy direct from this owner.
In normal subsale market, the seller will need to settle MOT before selling.
But coz this is force sale by the bank, the winning bidder will need to settle this MOT first. And then only can proceed to the normal transfer (2nd transfer). Hence the name double transfer.
My unit at mirage also need double transfer. If don't have full cash btr look at other unit. Engage u also la bro. Also this unit due around 70k maintenance fees.
This post has been edited by heliozguard: Apr 18 2023, 09:01 AM
Apr 18 2023, 08:59 AM

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