So I got a very strange query to me - Condo in Selangor, owned for more than 6 years. Property is (apparently?) valued at 1.2 million, but is selling at 1.05. However, buyer wants S&P etc to follow valuation, so that they can get higher loan.
Is there any impact to seller (ie higher stamp duty/ tax/ etc that they will kena because of this)? The owner is very keen on selling, but want's to know what he's signing up for.
Inflating Sale price to get higher loan, any impact to seller (tax etc)?
Dec 1 2017, 01:30 PM, updated 9y ago
Quote
0.0109sec
0.29
6 queries
GZIP Disabled