"must i approach the developer to give consent of transfer? "
if u are buying, your seller will pay the developer to give consent"

"how can i safeguard the property from another purchaser while i am applying for loan. "
if your seller oredi signed the agreement, and u oredi paid your initial 2% i think u are quite secure. but if your seller decided to sell to another fella also u cannot say anything, but if not mistaken the seller will have to pay either you or your agent some compensation.
Nothing is secured until your get the title under your name ler....that also not 100% secured.

rest of your questions, i dunno also

This post has been edited by mIssfROGY: Jul 2 2007, 01:13 AM

??!! : need to ask u a ques...issit no longer need to pay for developer's consent no matter in what situation? How come my developer asked consent of Rm500 from me when i wanna sell my house? For your info, title just came out but havent transfer to my name yet. And the developer said that due to title is out and requires direct transfer, i must pay the RM500 consent fees. Is this true?

ohh icic. Thanks....
so meaning i do not need to pay for consent at all?

hmmm..when the title came out, i put a hold on the transfer to save on the stamp duty. Apparently my buyer turned out to be a PR and due to the recent changed in law to attract the foreign investors, they cannot do the round about that they used to do when it comes to foreign buyers (me not too sure about those law jargons...very messy and dun think i can explain it here myself incase i get it wrong).

So to make long story short, i need to pay for the transfer title to my name be4 transfering the title to the buyer's name. (nope, till date i havent pay for the stamp duty, am still checking on whether can do a direct transfer to save on the stamp duty....but it seemed that there is no way to escape it....source info from few lawyers and estate agents)

Btw, on the consent part.....that was be4 i knew i couldnt do a direct transfer. Since now i am not doing a direct transfer, i dun need to pay consent at all, am i correct? Since it wont be involving the developer at all now.

The stamp duty cost alot.....wow, thats y i was trying all ways to escape that, not to mention lawyer's fees involved.

Note to house sellers, if u wanna sell to PRs, do ask alot of questions be4 u sign any agreements! Else, it involve alot of complications and time especially if your title just came out but not yet transferred to your name yet. Mine, i gotto wait for more than 9 months for the deal to pull thru....just a reminder.

hehhe..yalor i paid for consent liao thanks to my lawyer who is UNINFORMED...haha. But the developer told me might pay back abit la....hopefully looo...

Yalor...stamp duty...pengsan i didnt know buying a house can involve soooo much monies (RM8k just for stamp duty...oh pengsan dunno how wanna vomit that amount)...i better put in FD...really after all payments deductions i didnt earn at all...more like breakeven(but thank gawd no capital depreciation), but lost on interest which i could have gain if i put in FD. Hmm...but i memang also no need to pay the profit gain tax since this is my 1st sold house....so max lost for me...hehe. But then again, in the 1st place, this place wasnt meant to be for investment la....memang for own stay but becoz of some unforeseen reasons, i am forced to sell it

Thanks alot for your advices

Yeappers..thanks for the advice again