I really like reading this thread, everyone is sharing +ve and constructive comments . Although sometimes out of topic a bit, but I still can relate.
Really not one liner spam like other threads
QUOTE(Jszeon @ Jun 18 2019, 11:33 AM)
All Lowyat Property Guru, if a house does not have any electricity or water supply, is that consider VP?
sadly, YES it happens
you can straight complain to developer. Last time one of my condo, 1st 3 months no electricity
could collect keys in December, i collected early Jan. only in mid march there was electricity . argued for not paying the maintenance during that period but end up kene bayar gak
by May only I got a tenant. Was a Chinese businessman (t-shirt company) according to him. 1st month okay. 2nd month already gave me problems
thats another story for another day
QUOTE(Bjorn1688 @ Jun 19 2019, 01:34 AM)
Last 16 years bought 39 subsales
in various shapes and forms either to buy, fix and flip or buy and flip or buy to rent either on my own or as a partner to it.
Never had a single owner or agent that said we could not do a thorough inspection.
These days they all the more are willing to let you check all you want as they mostly know you are a serious buyer, only time it becomes problematic is where the unit is tenanted, sometimes you may get a hostile tenant.
How many subsales have you bought since it seems everything about it is a mountain of a task?
Interesting on the house and babies. I have a studio bought new that seems everyone that's lived in it have become parents. 1st my missus and me moved in on VP and lived in it for 3 months. 2 months later found out she was 3 months pregnant, best part? Was told by several that she could not conceive.
1st tenant, this Australian girl, she lived in it for 6 months and then found herself pregnant
2nd tenant, an American woman in her early 40s, not sure how anyone could bring himself to get busy f-ing her but holy crap 4 months into the tenancy she became pregnant and recently had a baby.
One subsale house I co-own, we bought it through an estate sale. Children fighting over late father's property. I wanted it purely because it was a property bearing #8 as the lot number. I knew the old man died in the house. When I called for a monk to remove the altars, shrines and statues out of the blue he mentioned to me don't ever get rid of the pond at the rear corner of the house and he said if I had the funds to renovate it to have a jar that faced the direction of the house.
2 set of tenants and both did very well in their career and the current tenant also became a big shot after living in that house.
Unfortunately this house has also become a bit of a burden, afraid to sell it off because the 5 children that eagerly forced the sale of the house from being very well off are now mostly broke or jobless. Its the only landed house I own that I actually hire a gardener and someone to tend to the pond
Depends on whether you want to believe in it or not. But usually for every negative energy there are ways and means to neutralise or counter it.
wow, love shack ........ clearly not suitable for unmarried couples
QUOTE(aspartame @ Jun 19 2019, 10:15 AM)
QUOTE(Harry_Bobinski @ Jun 19 2019, 11:57 AM)
Not true, and Bjorn1688
is right. I have visited too many subsale units, most of which are more than twice (those that I am interested in) - Bandar Kinrara (Agents are usually snobs), Putra Heights, Bukit Jelutong, and Bandar Rimbayu. As a matter of fact, they are more than welcome for you to visit their place, the more times, the better cause they will have the assumption that you are interested in that place. TBH, if your place is advertised for more than 2 months and no one has been showing interest, I bet you will entertain anyone who wishes to see the house no matter how many times
QUOTE(Bjorn1688 @ Jun 21 2019, 01:15 AM)
I've had buyers ask for such clause yes. Especially where the selling point of the house was it had new high quality plumbing, gave it a limited warranty for up to a year.
I've also had a subsale that I bought, interior had new paint the new paint was hiding a worn water proofing at the 2 ensuite bedrooms. I suspected something was amiss, agent did not want to admit to it, said the owner wanted to make the place more presentable. Even the owner said guarantee no leaking issues. I told them since they said so there would be no issue with them placing a clause in the SPA. They said no problem, owner's actual words "My words are solid like oak" Must be China plantation oak.
How he tried to wriggle out of it :-
1) Said let's use the same lawyer. SPA did not have the guarantee, told them I will appoint my own lawyer.
2) My own lawyer drafted it, their lawyer tried amending it and the revision had 18 different clauses to repudiate that guarantee and tried to limit claims to RM50.
3) Agent was constantly harassing me on this matter telling me to drop that clause.
4) He said lets visit the property after a heavy rain, check no leaks then no need the clause.
We did then I told him very well then the walls from the outside doesn't leak, what about those on the inside, his face went white pale.
I told him if I showed him a water leak would he reduce the price by RM30k, he said I could not show any water leaks so go ahead. I brought out my Black & Decker pressure washer, blasted the master bedroom wall for 5 minutes, you could see water droplets coming into the master bedroom. I asked him and the agent what was that.
I then pointed out to him, how I knew all along that wall leaked, I pointed to him the 3 pieces of laminates by the bathroom wall and the skirting board was a different shade to the rest of the room which meant they were new.
In the end he agreed to a reduction of RM30k in exchange for the guarantee clause to be gone,
one word : FUYOOOOOOOOO