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 Loan Compression, For Property Loan

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W.ROOK
post Sep 14 2019, 10:59 AM

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QUOTE(AskarPerang @ Sep 14 2019, 10:49 AM)
Verve Suite OKR: https://forum.lowyat.net/index.php?showtopi...post&p=93932270
Total the same owner got 4 units actually (not 3 units per that FB posting).
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Probably the owner have made his money thru "cash back" package brows.gif
W.ROOK
post Jan 1 2020, 12:36 PM

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QUOTE(metaclaw @ Jan 1 2020, 03:13 AM)
Guys I am one of those who just taken compressed loan after some advice. I have just signed everything waiting for reimbursement. After reading the threads I am scared now..

My first house
1.78k loan rental 900

Compressed:
2nd 618k loan installment 2.88k kiv for own stay
3rd 400k loan installment 1.8k

Bank will recheck before reimbursement? If worst what happened? Reduced to 70%? cancel loan? What should i do?
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Read this... https://www.iproperty.com.my/guides/the-dan...-financing-ctr/

By the way who was your advisor? hmm.gif
W.ROOK
post Jan 1 2020, 01:21 PM

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QUOTE(metaclaw @ Jan 1 2020, 01:09 PM)
My number 1 concern is loan being cancelled. 70% still ok as the guy told me the another 20% to fork out will be in stages and years. Is it true?
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Time flies so just be prepared.
W.ROOK
post Jan 1 2020, 01:24 PM

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QUOTE(ManutdGiggs @ Jan 1 2020, 01:12 PM)
U need to share more bout ur purchases.

Isit resi or commi title???
Which lvl r ur units???

20% means progressive 2a 2b.
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I think this one... https://forum.lowyat.net/topic/3956080/all
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
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

 

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