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heavenly91
post Oct 29 2017, 01:17 PM

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QUOTE(AskarPerang @ Oct 16 2017, 10:55 PM)
Good sharing to all regarding bank lelong property. Must always check, double check and triple check.


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QUOTE
Hidden Charges (Pindah Milik)
=============
Utk kes lelong.. Ia antara sbb kenapa bakal pembeli keberatan nak mencuba auction ialah takut akan risiko unforseen entry cost..
Tidak semua kes lelongan ada hidden charges..Kebarangkaliannya ialah pd kes-kes dibawah:
1. Unit Baru VP or Virgin Unit
- hidden charges berkaitan ialah outstanding progress payment (1%/ 2.5% dr harga terdahulu)
2. Developer Bankrupt
-hidden charges yg berkaitan ialah:
❗a. outstanding progress payment
❗b. liquidator admistration fees
❗c. GST charges keatas item #a
❗d. Misc payment
❗e. Vetting Fee
❗f. Jika ada lbh dr 1 pemegang gadaian. Utk discharges item a to e kena byr lg..
3. Kaveat
- hidden charges ialah fee2 berkaitan pembatalan kaveat termasuk court order
4. Dll
Kwe bagi contoh kes yg pernah kwe handle.. case study
+++ Cth 1+++
Dev Bankrupt..Liquidator yg uruskan.. Pemegang gadaian ada 2 iaitu bank RH+ dan Malaysia Trust++.. Harga belian terdahulu Rm251K
-charge M"sia Trust++ Rm6+++
-charge Liquidator Rm5+++
+++ Cth +++
Unit Virgin.. VP 4 thn lepas.. Dev PK++. Harga belian terdahulu RM215K
-payment o/s progress 2.5%
Macam seram ja kan.. Buat lah carian dan semakan sebelum decide membida.. Jika nilai belian below market dan sangat berbaloi.. WHY not take the risk? Huhu
Great info
jetwash
post Oct 29 2017, 01:19 PM

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Follow them on fb. I read their posts on fb but never use their services as agent, hehe.
AskarPerang
post Oct 29 2017, 01:35 PM

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QUOTE(jetwash @ Oct 29 2017, 01:19 PM)
Follow them on fb. I read their posts on fb but never use their services as agent, hehe.
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Just to name a few (all can be found on FB):
Shariza Abd Latif - Lowcost specialist. Many info can be found on her page.
Azrie Zaid - Lowcost specialist
Adlan Hafiz / Adlina MN - Brother & sister team
Muhammad Ishaq - A doctor. Miliion2 high end property also enter.
Ibrahim Iderus - Many info can be found on his page.
Izwan Latiff
Yusuff Azlan
Mohd Hafiz Bin Kamaruddin - Famous guy in white spec. Attention seeker.
Shafie Bustan - Doing kontena business. Already turn into money oriented guy. Can unfollow him.
Selangor Auction Property - Very updated with the auction results.
aspartame
post Oct 29 2017, 02:04 PM

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QUOTE(AskarPerang @ Oct 15 2017, 01:47 PM)
This is what you called hit jackpot. won at 379k single bidder. 4th re-auction. Drop from first auction pricing of 520k. Subsale price 550k - 600k.



Example only. It will not be all rosy.
Just google search the story someone found a dead body in the fridge of the lelong property he won in Mont Kiara. Many many years ago.
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She says buy auction for 9 years, this is the first time hit such jackpot? So, for this 9 years, what she does to all properties bought oh? So much money one?
jetwash
post Oct 29 2017, 02:09 PM

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QUOTE(AskarPerang @ Oct 29 2017, 01:35 PM)
Just to name a few (all can be found on FB):
Shariza Abd Latif - Lowcost specialist. Many info can be found on her page.
Azrie Zaid - Lowcost specialist
Adlan Hafiz / Adlina MN - Brother & sister team
Muhammad Ishaq - A doctor. Miliion2 high end property also enter.
Ibrahim Iderus - Many info can be found on his page.
Izwan Latiff 
Yusuff Azlan
Mohd Hafiz Bin Kamaruddin - Famous guy in white spec. Attention seeker.
Shafie Bustan - Doing kontena business. Already turn into money oriented guy. Can unfollow him.
Selangor Auction Property - Very updated with the auction results.
*
Haha kesianlah shafie bustan, still ok what. Reading his blog in 2008 was what introduced me to auction.

Back then also got Faridzaswadi, tuanbri (unfollowed already, cakap je lebih).


HarpArtist
post Oct 29 2017, 02:11 PM

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QUOTE(aspartame @ Oct 29 2017, 02:04 PM)
She says buy auction for 9 years, this is the first time hit such jackpot? So, for this 9 years, what she does to all properties bought oh? So much money one?
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last 9 years had to dispose of many dead bodies left behind lolll
aspartame
post Oct 29 2017, 02:15 PM

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QUOTE(AskarPerang @ Oct 29 2017, 01:35 PM)
Just to name a few (all can be found on FB):
Shariza Abd Latif - Lowcost specialist. Many info can be found on her page.
Azrie Zaid - Lowcost specialist
Adlan Hafiz / Adlina MN - Brother & sister team
Muhammad Ishaq - A doctor. Miliion2 high end property also enter.
Ibrahim Iderus - Many info can be found on his page.
Izwan Latiff 
Yusuff Azlan
Mohd Hafiz Bin Kamaruddin - Famous guy in white spec. Attention seeker.
Shafie Bustan - Doing kontena business. Already turn into money oriented guy. Can unfollow him.
Selangor Auction Property - Very updated with the auction results.
*
Wah.. all bumi players one?

aspartame
post Oct 29 2017, 02:16 PM

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QUOTE(HarpArtist @ Oct 29 2017, 02:11 PM)
last 9 years had to dispose of many dead bodies left behind lolll
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Wah... scared die me lo.
HarpArtist
post Oct 29 2017, 02:18 PM

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QUOTE(aspartame @ Oct 29 2017, 02:15 PM)
Wah.. all bumi players one?
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ya i was wondering that too
QUOTE(aspartame @ Oct 29 2017, 02:16 PM)
Wah... scared die me lo.
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can sell many cadavers to medical uni for extra profit
trust4you
post Oct 29 2017, 03:47 PM

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QUOTE(AskarPerang @ Oct 28 2017, 10:47 AM)
Fully furnished lelong unit. What are the odds?


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Lol get this kind of unit i also will scared. Think logically why would owner want to leave behind so many things and maybe hastily without taking all their things? flex.gif #somethingToPonderAbout
#nothingComesFree
heavenly91
post Oct 29 2017, 03:55 PM

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QUOTE(trust4you @ Oct 29 2017, 03:47 PM)
Lol get this kind of unit i also will scared. Think logically why would owner want to leave behind so many things and maybe hastily without taking all their things?  flex.gif  #somethingToPonderAbout
#nothingComesFree
*
Drug lair?

My friend kena once..
The drug dealer rented his house.

He only found out about it as the tenant stopped paying the rental and he went to check his house.
His neighbor told him about it that the cops came and they had left earlier..
trust4you
post Oct 29 2017, 04:49 PM

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QUOTE(heavenly91 @ Oct 29 2017, 03:55 PM)
Drug lair?

My friend kena once..
The drug dealer rented his house.

He only found out about it as the tenant stopped paying the rental and he went to check his house.
His neighbor told him about it that the cops came and they had left earlier..
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Yes exactly what i am talking about.. sometimes things too good to be true is indeed too good to be true hmm.gif hmm.gif
David_77
post Oct 29 2017, 06:30 PM

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QUOTE(trust4you @ Oct 29 2017, 04:49 PM)
Yes exactly what i am talking about.. sometimes things too good to be true is indeed too good to be true hmm.gif  hmm.gif
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Looking at the mess, macam sudah give up liao before finally cabut.
heavenly91
post Oct 29 2017, 09:20 PM

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QUOTE(trust4you @ Oct 29 2017, 04:49 PM)
Yes exactly what i am talking about.. sometimes things too good to be true is indeed too good to be true hmm.gif  hmm.gif
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nod.gif
AskarPerang
post Nov 1 2017, 09:14 AM

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Here's another interesting case.


icemanfx
post Nov 1 2017, 10:35 AM

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QUOTE(AskarPerang @ Nov 1 2017, 09:14 AM)
Here's another interesting case.


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Implying that developer couldn't get valuation for his selling price, need to bid up neighbourhood price to justify.

AskarPerang
post Nov 1 2017, 10:43 AM

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QUOTE(icemanfx @ Nov 1 2017, 10:35 AM)
Implying that developer couldn't get valuation for his selling price, need to bid up neighbourhood price to justify.
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Is the 'new' developer that want to buy over the land who bought up the unit. at least will save them a unit of less hassle and no need to compensate as well.
lowya
post Nov 1 2017, 11:01 AM

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QUOTE(Sand Dust @ Oct 16 2017, 12:11 AM)
What the agent will provide? Site visit, utilities check, infor sharing etc?
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no internal site visit allowed for auction properties, if you are lucky you get a nice one inside.

This post has been edited by lowya: Nov 1 2017, 11:18 AM
lowya
post Nov 1 2017, 11:36 AM

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QUOTE(David_77 @ Oct 29 2017, 06:30 PM)
Looking at the mess, macam sudah give up liao before finally cabut.
*
look for bullet holes on the wall, blood stain under the carpet, etc.
icemanfx
post Nov 1 2017, 01:03 PM

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QUOTE(lowya @ Nov 1 2017, 11:01 AM)
no internal site visit allowed for auction properties, if you are lucky you get a nice one inside.
*
Those bid for auction will assume the worst condition. hence, need to have discipline not to over bid.


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