Auction properties
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 Jan 10 2018, 02:51 PM
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#1
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Junior Member
133 posts Joined: Mar 2017 
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QUOTE(e-lite @ Jan 10 2018, 11:22 AM) Property club ppl don't usually go for auctions. They go for Developer units and can usually cash out 15-20% cash from the bank loan after disburse. Then they use the cash go shopping spree or cover bank loan for a few years then hoping to flip after that. Property club business model is like Geneva gold, will work only in bull market. Property market is likely to remain stagnant longer than their cash could last. |
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Aug 6 2019, 07:54 AM
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#2
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Junior Member
133 posts Joined: Mar 2017
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QUOTE(MGM @ Aug 5 2019, 08:18 PM) After hearing all these horror stories, who else dare to buy auction units. Auction is not for faint hearted and definitely not for novice or those lack deep pockets. |
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