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 Auction properties

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AskarPerang
post Aug 17 2019, 12:02 AM

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tometoto
post Aug 17 2019, 09:21 AM

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QUOTE(diners @ Aug 4 2019, 06:34 PM)
i hope you have house 6,7,8 and so on. it's like reading fiction!  rclxms.gif
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Very very super rich. Cash is king. Once you got money everything can settle smoothly
AskarPerang
post Aug 17 2019, 09:30 PM

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heavensea
post Aug 17 2019, 11:35 PM

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Bila ekonomi kolapsi dan 200psf?
SUSBillCollector
post Aug 18 2019, 04:41 AM

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QUOTE(heavensea @ Aug 12 2019, 08:33 PM)
In desperate situation, worry the owner will destroy house / revenge in the future.
Really difficult option to give or not to give.

Give owner 25k also not guaranteed he won't make another threat again.
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Follow your instincts.

Cash for keys/VP rarely ever work here.

Does it happen that upon payment you get a wreck of a house? Absolutely and most likely you will have a bigger heartache after that.

Best advice when dealing with these kinds of adverse possessor? Fire, high handed techniques and a hard line.

QUOTE(tometoto @ Aug 17 2019, 09:21 AM)
Very very super rich. Cash is king. Once you got money everything can settle smoothly
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In practice this isn't always true.

Sometimes you have money also you can never chase someone out of their homes especially if it is their only possession remaining.
heavensea
post Aug 18 2019, 09:20 AM

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QUOTE(BillCollector @ Aug 18 2019, 04:41 AM)
Follow your instincts.

Cash for keys/VP rarely ever work here.

Does it happen that upon payment you get a wreck of a house? Absolutely and most likely you will have a bigger heartache after that.

Best advice when dealing with these kinds of adverse possessor? Fire, high handed techniques and a hard line.
In practice this isn't always true.

Sometimes you have money also you can never chase someone out of their homes especially if it is their only possession remaining.
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Drag and wait loan disbursement.
Work with lawyer to chase owner while waiting for change name.
Won't pay a single penny to owner.

nexona88
post Aug 18 2019, 08:48 PM

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QUOTE(heavensea @ Aug 17 2019, 11:35 PM)
Bila ekonomi kolapsi dan 200psf?
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Keep waiting leh..
Some waiting since 10 years ago, yet No bloodbath situation 😒🤭
Mijac
post Aug 18 2019, 09:08 PM

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QUOTE(heavensea @ Aug 17 2019, 11:35 PM)
Bila ekonomi kolapsi dan 200psf?
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QUOTE(nexona88 @ Aug 18 2019, 08:48 PM)
Keep waiting leh..
Some waiting since 10 years ago, yet No bloodbath situation 😒🤭
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Yeah, always there is talk of it, when ...?
akira5073
post Aug 19 2019, 09:39 PM

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hi all sifus,

how can we check if there is someone who has lodged private caveat on the lelong property?

and is there anyway we can check any outstanding utility bills ?

Thasmita
post Aug 19 2019, 10:19 PM

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QUOTE(akira5073 @ Aug 19 2019, 09:39 PM)
hi all sifus,

how can we check if there is someone who has lodged private caveat on the lelong property?

and is there anyway we can check any outstanding utility bills ?
*
Do land search for caveat.

For utility bills - give unit address to Syabas or tnb. Just state that you are tenant and the bill is all wet because of rain. Usually they will oblige. They will ask name of landlord - state the name in POS.

AskarPerang
post Aug 19 2019, 10:27 PM

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This house (a Dato owner still staying inside): https://www.lelongtips.com.my/property/5930...or-for-RM984200

Bank value 1.5M. Few bidders.
1 bid 10k.
Sold at 1.18M.



ahkit123
post Aug 20 2019, 09:47 AM

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QUOTE(heavensea @ Aug 18 2019, 12:35 AM)
Bila ekonomi kolapsi dan 200psf?
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Now a lot auction d.... Next year worst
heavensea
post Aug 20 2019, 09:59 AM

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QUOTE(ahkit123 @ Aug 20 2019, 09:47 AM)
Now a lot auction d.... Next year worst
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Waiting for 200psf.
ahkit123
post Aug 20 2019, 10:01 AM

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QUOTE(heavensea @ Aug 20 2019, 10:59 AM)
Waiting for 200psf.
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Klcc area? 🤣
icemanfx
post Aug 20 2019, 10:02 AM

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QUOTE(heavensea @ Aug 17 2019, 11:35 PM)
Bila ekonomi kolapsi dan 200psf?
*
QUOTE(heavensea @ Aug 20 2019, 09:59 AM)
Waiting for 200psf.
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Beware of what you wish and you may get more than what you wish.
heavensea
post Aug 20 2019, 12:27 PM

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QUOTE(ahkit123 @ Aug 20 2019, 10:01 AM)
Klcc area? 🤣
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Bbcc also ok.

QUOTE(icemanfx @ Aug 20 2019, 10:02 AM)
Beware of what you wish and you may get more than what you wish.
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Aladdin lamp.

G.Loomis
post Aug 20 2019, 12:39 PM

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QUOTE(icemanfx @ Aug 20 2019, 10:02 AM)
Beware of what you wish and you may get more than what you wish.
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Thasmita
post Aug 20 2019, 03:03 PM

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Too low also not good
drbone
post Aug 21 2019, 07:35 PM

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QUOTE(Thasmita @ Aug 19 2019, 10:19 PM)
Do land search for caveat.

For utility bills - give unit address to Syabas or tnb. Just state that you are tenant and the bill is all wet because of rain. Usually they will oblige. They will ask name of landlord - state the name in POS.
*
How will this help to find out who has issued a caveat? The owner is not the caveat.
daddymund P
post Aug 22 2019, 03:15 AM

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QUOTE(drbone @ Aug 21 2019, 07:35 PM)
How will this help to find out who has issued a caveat? The owner is not the caveat.
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When do land search, they will print out the property info. If got caveat, it will show the info including the person/body that caveat it.

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