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 Loan Compression, For Property Loan

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icemanfx
post May 24 2020, 05:10 PM

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QUOTE(cy91 @ May 23 2020, 08:43 AM)
If have good properties from the older days still ok can survive. Compress la as many as u want. All these rubbish property want to compress then die lo.  sweat.gif
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Good old days story is only good for blow water over tea session.

QUOTE(heavensea @ May 24 2020, 04:28 PM)
Actually who taste profits from old compress will continue this strategy until current days (until up car) Unless they know when to stop, which is unlikely during their gungho mode.
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Know when to stop must admit it's no longer work. It is unknown for those found opportunity or conviction of the life time to give up. Hence, herd members will end up either in slaughterhouse or over the cliff.

This post has been edited by icemanfx: May 24 2020, 05:37 PM
heavensea
post May 24 2020, 05:46 PM

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QUOTE(cy91 @ May 24 2020, 04:58 PM)
Anybody who owned property from 2000 to 2015 have enjoyed good capital appreciation compare to just putting the money in cash/FD. But last time not easy to buy property, need to have solid 20% for downpayment, legal fees, etc and loan interest close to 10%.

I think compress loan only appear around 2010 with DIBS and zero downpayment then everyone think like buy property sure earn.
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2010 pooperty still can make money
Now is dreamer talk.
Got price no taker.
icemanfx
post May 24 2020, 05:53 PM

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QUOTE(heavensea @ May 24 2020, 05:46 PM)
2010 pooperty still can make money
Now is dreamer talk.
Got price no taker.
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"Got price no taker" is basically demand and supply mismatch i.e unrealistic or syok sendiri asking price. If price is lowered to realistic level, see have taker or not.

This post has been edited by icemanfx: May 24 2020, 06:13 PM
lucifah
post May 25 2020, 12:14 AM

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QUOTE(no6 @ May 15 2020, 11:24 PM)
did your investments go according to plan ?
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I think he DWMD succesffuly liao cos few months no see him log into LYN
Salary
post May 25 2020, 11:31 AM

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QUOTE(icemanfx @ May 24 2020, 05:53 PM)
"Got price no taker" is basically demand and supply mismatch  i.e unrealistic or syok sendiri asking price. If price is lowered to realistic level, see have taker or not.
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Property agents will tell you now is the best time to buy, this is the lowest price period, UUU coming soon!
icemanfx
post May 25 2020, 12:23 PM

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QUOTE(Salary @ May 25 2020, 11:31 AM)
Property agents will tell you now is the best time to buy, this is the lowest price period, UUU coming soon!
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Those with vested interest, anytime and all time is the best time to buy.

We have yet officially declaring economic recession, lowest price is still a few years to go.
Salary
post May 25 2020, 12:25 PM

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QUOTE(icemanfx @ May 25 2020, 12:23 PM)
Those with vested interest, anytime and all time is the best time to buy.

We have yet officially declaring economic recession, lowest price is still a few years to go.
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That far away? I’m hoping for next year, a few months after the moratorium is lifted as I’m in for market for a house.
icemanfx
post May 25 2020, 01:20 PM

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QUOTE(Salary @ May 25 2020, 12:25 PM)
That far away? I’m hoping for next year, a few months after the moratorium is lifted as I’m in for market for a house.
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No vendor will volunteered to sell at below cost or mv. Foreclosure proceedings in this country could take up to two years. Hence, could expect price to trends down in next few years.
Sica92
post May 28 2020, 04:48 AM

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QUOTE(icemanfx @ May 25 2020, 12:23 PM)
Those with vested interest, anytime and all time is the best time to buy.

We have yet officially declaring economic recession, lowest price is still a few years to go.
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agree with this. we might never see the peak of property prices in years to come. my wildest dream is to see how things happen in japan, never recover at all. bruce.gif
free_loser P
post Jun 7 2020, 03:25 PM

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I wonder if such act is even legal as this is obviously housing fraud. Is there any where we can report such fraud to if we have certain individual‘s details?
vinceleo
post Jun 7 2020, 11:28 PM

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Be mindful in your attempt as there will be legal implication just like when the cowgate being exposed

QUOTE(free_loser @ Jun 7 2020, 03:25 PM)
I wonder if such act is even legal as this is obviously housing fraud. Is there any where we can report such fraud to if we have certain individual‘s details?
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garyming9191
post Jun 8 2020, 01:42 PM

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I also want to know is there any success loan compress investor outside, mind sharing?
icemanfx
post Jun 8 2020, 02:52 PM

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QUOTE(garyming9191 @ Jun 8 2020, 01:42 PM)
I also want to know is there any success loan compress investor outside, mind sharing?
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Definitely, those have sold.
W.ROOK
post Jun 8 2020, 02:55 PM

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QUOTE(icemanfx @ May 25 2020, 01:20 PM)
No vendor will volunteered to sell at below cost or mv. Foreclosure proceedings in this country could take up to two years. Hence, could expect price to trends down in next few years.
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I wonder if the blood level has exceeded knee level. hmm.gif
icemanfx
post Jun 8 2020, 02:56 PM

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QUOTE(W.ROOK @ Jun 8 2020, 02:55 PM)
I wonder if the blood level has exceeded knee level. hmm.gif
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Not at all.
W.ROOK
post Jun 8 2020, 03:04 PM

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QUOTE(icemanfx @ Jun 8 2020, 02:56 PM)
Not at all.
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You mean the property market is holding up pretty well? brows.gif
gks
post Jun 8 2020, 03:15 PM

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QUOTE(garyming9191 @ Jun 8 2020, 01:42 PM)
I also want to know is there any success loan compress investor outside, mind sharing?
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There are... It is not rocket science.. If you bought between 2008-11 during market bull, you will make a lot of money.

Loan compression is just a speculation tool. Due to OPAQUE malaysia property market and lag time of anywhere between 2-5 years, this tool is extremely risky. However if you could find a very good buy, just as 20-30% below the neighbours market price and yet with its own usp, you can great reduce risk of this tool.
icemanfx
post Jun 8 2020, 03:39 PM

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QUOTE(W.ROOK @ Jun 8 2020, 03:04 PM)
You mean the property market is holding up pretty well? brows.gif
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You ain't see nothing yet.
AskarPerang
post Jul 7 2020, 03:44 PM

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AskarPerang
post Aug 14 2020, 01:03 PM

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