reverse parking for the good shit
Others Recommended listing of property auction / lelong!, all info you need to know inside......
Others Recommended listing of property auction / lelong!, all info you need to know inside......
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Feb 23 2019, 09:41 AM
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#1
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
reverse parking for the good shit
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Feb 25 2019, 11:31 AM
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#2
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(AskarPerang @ Feb 25 2019, 11:12 AM) Yup, will be updated once Mac listing of available lelong units are out. Hi bro,thanks for your efforts here.Most units taken in the first page except for few units which will be re-auction at an even cheaper pricing in Mac. Cheers. Thank you. Where can get a master list of all the lelong around ?? Thanks |
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Feb 25 2019, 12:40 PM
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#3
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(AskarPerang @ Feb 25 2019, 12:36 PM) -------------------- thank you so much !!!There's no one source to search for lelong property. Different banks. Different auctioneers. But a good place with free limited info to search is at: https://www.lelongtips.com.my/ http://www.auctionlist.com.my/auction/index.php -------------------- List of auctioneers official website: https://www.ngchanmau.com/ http://auctions.com.my/ https://leongauctioneer.com/ http://www.ehsanauctioneers.com/ http://www.jtraj.com/ http://www.rajanauctioneers.com/ https://arenaauctioneers.com/ --------------------- once i'm ready to hunt will look for your consultation services. |
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Aug 1 2019, 03:43 PM
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#4
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
can help me check if there's unit at Scott Garden ?
Thanks |
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Aug 1 2019, 07:23 PM
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#5
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
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Jan 11 2020, 11:15 PM
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#6
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(malaysiathegreat @ Nov 19 2019, 11:57 PM) How much cash u can afford to fork out if ur budget is 400k? Actually now got a lot of properties below bank market value.No cash, then chances are u can buy new launch which is not cash heavy. Cash rich, then can consider lelong coz typically can get deal 20-30% below sub sale. Most importantly, the location have to be good. Good locations with mature residents (older projects) are hard to find in lelong, while the one which is really cheap location is not nice and mostly high density new projects. Most of the properties can buy back to 2012 prices. Even if lelong maybe get back slightly lower than launching prices only. |
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Feb 13 2020, 09:25 AM
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#7
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(dkcheong1127 @ Feb 13 2020, 09:10 AM) after i research a bit on auction, there have some case like before bidding, land search on the property got no caveat, but after won the auction and proceed to apply loan then saw there are new caveat on that property, you have any way can help buyer to avoid such situation ? Thought banks will do all the due diligence ??How can that happen ?? I see the biggest risk of lelong is that some title problems that cause 90% loan release to delay. Then cause 10% deposit to be forfeited |
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Apr 23 2020, 10:32 PM
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#8
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Senior Member
4,561 posts Joined: Jan 2003 From: Penangites |
QUOTE(Tavia88 @ Apr 23 2020, 10:18 PM) For lelong properties, Bank would not do the due diligence. Its the buyer need to do their own due diligence. Its all stated in the Proclamation of Sales clearly that buyer bear their own risk. Thats the reason why alot investor say standby the cash if go for auction, in case unable to disburse your loan on time, can pay cash first, then once the caveat removed, can do refinancing. sweat, damn risky if suddenly loan delay / title delay or caveat happensYes, even before auction checked no caveat, but once you bidded during transfer process can have a caveat if there is any private caveator with caveatable interest etc. it might happens. |
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