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This post has been edited by phonar: Dec 22 2008, 10:53 PM

sigh I don't have any future wife yet. And every month renting a house isn't benefit to us at all. Or should we do a legal document as a agreement in case anything happen?
what is the difference? err sorry I know nothing about housing loans.
so a sharing property will state our % of ownership in the properties?

This post has been edited by phonar: Jun 25 2007, 04:47 PM

Because each of us have atleast RM500 of saving, and buying a condominium also a kind of investment.

'Anything' is just worried maybe one of us have passed away or something else.



Does anyone here sharing properties with friends?

This post has been edited by phonar: Jun 25 2007, 04:50 PM

Thanks for suggestion and advice guys. We all agree making a legal agreement(or something like that) to avoid future disruption. With the money keeping flow for renting a house, why not just buying our own condominium apart from investment since we are afford now.

We also think about old apartment or low cost-flat before, however it just not so worth compare to a new condo and we don't like the environment there.

I'm just wonder is the any 'special kind' of housing loan, such like counting the percentage of the properties ownership by each of us. Let say 1 of us become jobless and can't afford continue for the payment and the other 2 will continue for the payment. So the properties ownership will divided by percentage of loan payment we had paid.

And can the bank directly cutting our(3 person) bank saving for parts of the housing loan?

Is the housing loan for 'used' house is higher than new house? Just like the loan for vehicle.

ok guys, I'm appreciate it and now i'm would not considering this idea anymore. Quite risky as well.

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