So I managed to land a good deal for my first house. There's no agent involve. The question is where do I start and what should I do?

cari lawyer.

first important step is engage your own lawyer to handle deposits, SNP and others.
they will advice you on how to handle it.
find a good lawyer.

Waa 1st house sudah subsale

Not many can do

Manyak2 tania

easy, just find a lawyer. btw good job not using agent. they are blood sucker

subsale way cheaper than most new one.

we b40 often look for the sub 200K one oh

10% deposit is what the real problem is, rich boy

S&P 10% cash.

Cash or loan..


Anyway.. find a good lawyer..

COD

wrong. 10% u must prepare. and all legal fees u need to bared.

new house mostly have promo, full loan and discount on misc fees.

Thats what I'm still contemplating. I have 2 offer, another 1, same value, almost the same sqft but add 7KM more from city. But its a new house. All legal fee is bared by dev.

I'm poor must loan one

Legal fee 50% owner 50% buyer no?

Appoint a lawyer you trust.

Do not pay any money direct to the seller. All payments must go through your lawyer.

you better assist your buyer if he doesnt know how to engage with the lowyar.
probably same goes with bank loan application.

just because you want to untung abit doesnt mean you no need to service your potential customer abit.

I'm the buyer la 🤦🏻‍♂️ Owner also dont know where to start.

new house not too bad. old house alot maintainence ( depends)

maybe u can share more comparison, how big, location, pics. then we can help?

then u didnt look hard enough

well like i said we buy sub 200K.

not subsale at 500K

thats a big difference there

Subsale is nice because previous owner already did everything

Grill, leaks, any other issues

New unit also nice

Got new design interior and exterior confirm got tiles instead of just cement with tikar getah

sub 200K la boss, don't look way further


RM20K can get from epf ..

Old house: Jalan Keris 7. Taman puteri wangsa, johor. Pretty sure the sqft is 1600+ ish. International lot. 4 room, 3 bathroom. Owner asking 420k negotiable.

New house: Taman bandar tiram. 1615sqft. Bumi lot. 4 bedroom, 3 bathroom. 418k after all rebate.

haha,anyway majority of the tasks were settled by lowyar anyway, if both of you got good lowyar, then okay la.
you just need to talk with the bank, apply thru those bank, get offer letter and at the same time engage with your own lowyer.
lowyar part is easy as long as your get money, but banks

This post has been edited by zerorating: Jan 16 2020, 11:10 AM

will probably throw price at owner, see if he bites. and bumi lot, later hard sell if u plan to move.

depends lar...agent u think only responsible find seller/buyer ke for easy money? a good agent will follow up ur case supaya faster process between bank loan, land office, governing authority.....u can save 2-3% of the fee but u kena haul ur ass off to follow up with the lawyer, land office, developer, local council...good luck with that

Some seller proposed to use same lawyer.

I don't know what /k on this

Unfortunately... Most of agent are not .at the end..u are the one to chase lawyer etc.

My first house agent run away upon getting lawyer.. no more involvement from them..hard lesson learn

tips better cari jurunilai first, my subsale house before this owner letak harga too tinggi , so even kelayakan loan lulus, bank bagi sikit saja bergantung pada juru nilai

tbh honest dun buy bumi lot...
when u wanan sell is kinda hard

Where can I find this jurunilai?

normally banker can check the recent transaction for prop.

I just bought a unit direct from owner. Make sure you get your own good lawyer who will take care of your interest and dont get pressured to the owner's demand.

pm if u need a lawyer

cari lawyer , my dad boughted house next to ours , direct owner la

SNP + Legal fees somemore. Loan legal fees
plus change owner account of TNB, maintenance office etc do cost some money

Usually lawyer fees how much? By property percentage or how?

for any subsale, u must have cash in hands. not including all sort of repair and maintenance work.

7km for me, i will go for new unit. unless the current subsale is really really worth it/ ie very near to mall/school/lrt/mrt/bus/etc.

remember, new unit = warranty. old unit = u need to repair ur self.

lol. the owner looking more than 400k house price.
unless very rich then should be no prob.

snp seller and buyer is two different thing u know.
laaoyer manyak untung.

If u are buyer, have agent easier...they will manage for you. The fee they charged from seller...3%. if not wrong

Find agent. since u dont know what to do.

at least u must have cash 20% from house price for SNP, Lawyer, etc2. also can withdraw from epf, if is this your 1st house.