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Auction properties
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engm85
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Feb 12 2024, 11:42 PM
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Getting Started

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Hi all sifu2 here,
got 1 question, if the auction unit we interested have TNB outstanding let's say 15K and TNB deposit paid by previous owner just 1k,
do we as the successful bidder have to pay to TNB remaining 14K?
or can directly change TNB to our name without paying single cents?
This post has been edited by engm85: Feb 12 2024, 11:43 PM
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engm85
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Feb 13 2024, 02:09 PM
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Getting Started

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QUOTE(michaelchang @ Feb 13 2024, 12:56 PM) How is it possible to have $15K outstanding? Najib's apartment at Pavillion? 5 ACs perhaps, full blast 24/7, overdue for a year before TNB disconnected the electricity.
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engm85
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Feb 13 2024, 04:47 PM
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Getting Started

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QUOTE(michaelchang @ Feb 13 2024, 03:42 PM) Usually 3 months don't pay, TNB will disconnect So maybe owner/tenant pay one month and ignore next 3 months, and pay again. That's beside the point of my question.
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engm85
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Feb 17 2024, 11:08 PM
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Getting Started

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where is the best source (without bleeding my wallet) to see the history of transacted auction price for any particular property.
This post has been edited by engm85: Feb 17 2024, 11:08 PM
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engm85
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May 29 2024, 01:56 AM
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Getting Started

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taikor here want to ask u all.
won the auction unit and paid cash. can i later remortgage this auction unit to bank to get back my cash? if yes what's the trick?
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engm85
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May 29 2024, 03:34 PM
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Getting Started

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QUOTE(Rinth @ May 29 2024, 09:16 AM) Just refinance normally once the auction process is done. Can get 70% from MV if prop 3rd and above? Loan tenure also can max up until 70yrs old right. This post has been edited by engm85: May 29 2024, 03:34 PM
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