Bank staffs accomplice in marked up ?

When did lawyers ever asked for proof of deposit payment other than the booking letter ?

TBH it is very easy to understand,

If buyer and developer, then it's legal coz buyer have no chance to "pakat" with developer; the same, if buyer buying with owner or subsale, it is confirm illegal as they can "pakat" with them to have a discount or fast cash.

Cashback from developer 'legal'?
Free MOT 'legal' ?
Free lawyer fee 'legal' ?

Then why marked up in subsale cannot be cashback, free mot and legal fees ?

Suggest you to ask your lawyer 'confirmed received' without actual transaction is a fraud or not.

This post has been edited by icemanfx: Jul 27 2020, 09:17 AM

My lawyer say no wor ! That is not his business. He see documents only.

Signed means confirmed received !

This post has been edited by mini orchard: Jul 27 2020, 09:20 AM

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 !

Why not? as long as bank admit it.

Actually there is a grey area for buyer to buy a house with affordable situation, bank can earn more interest from the loan and also developer can sell their unit more easy, it's actually a triple win situation. As long as not misuse by some party to earn cash flow or any other "bad" things.

If you are rich enough, of coz u can pay reject for the cash back, pay the MOT and lawyer fees, you even can pay the downpayment tho.

No offence.

Bank in slip should be sufficient. those wanted to mark up loan are unlikely to have cash.

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

In leasing, proof of deposit paid (i.e bank in slip) is required before loan disbursement.

it is a matter of time, housing loan will follow their leasing colleagues sop.

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

Borrowers need to marked up are mostly subprime, a reason why npl on housing loan is rising.

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

Marked up loan is fraudulent.

Is not marked up loan !

Is marked up snp price !

When talk abt mark up, so long bank valuation can meet the value. Why not.

So markup spa price is legal or illegal,?