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 Buying LELONG property, Advice needed

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wild_card_my
post Jun 4 2018, 06:10 PM

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From: Kuala Lumpur

QUOTE(littlealan00 @ Jun 4 2018, 10:54 AM)
Hi all sifus,

Would like to ask are there anyone who has experience buying lelong property before?
Any pros and cons?

Please share smile.gif
*
1. Make sure your loan eligibility has been checked
2. 90 days to pay the balance 90% (or more) beyond that you can be penalized or the sales and your deposit forfeited
3. You can expect the property to be under-maintained, or if strata title, years of unpaid fees
4. In some cases, buyers even found dead bodies in the fridge.

Good luck



 

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