Need live video recording of cash changing hand ? Can be done also .

Infront of lawyers ? Can be done also !

Have a firmed stand in your discussion !

Seller bank in own money and pass slip to buyer and show lawyer ? Can aah ?

This post has been edited by mini orchard: Jul 27 2020, 10:29 AM

We talk marked up. Not leasing lah. Ada lain meh ? Seller still can bank in.

Why talk future ?

This post has been edited by mini orchard: Jul 27 2020, 10:54 AM

Dont speculate. That is not the point for discussion.

Repeat .. default by borrower is lain cerita

This post has been edited by mini orchard: Jul 27 2020, 11:28 AM

Is not marked up loan !

Is marked up snp price !

Is not about legality.

Is about whether the SnP price is acceptable to the banks.

What transpired between buyer seller is not a concern for the bank.

There is no stopping buyer mark up to any price level. Banks cannot question buyer's judgement on the property purchase price. Is a willing buyer seller negotiation.

The bank's business is to provide loan based on their own judgement as provided by a formal valuation report. If the report stated is 500k, then is 500k or any other price

Similarly, a borrower cannot question the bank's judgement on the property price.

In a marked-up transaction, buyer normally will have to bear the 'extra' cost incurred by seller, if any .... legal fees and rpgt.

In addition, for buyer, the legal fees for SnP and Loan Agreement plus mot and stamp duty are higher base on the amount as stated in the documents.

This post has been edited by mini orchard: Dec 8 2021, 07:06 AM

I wont know the %.

In any mark-up transaction, there is no guarantee the bank will provide loan based on the figure stated.