Subsale markup price is possible if valuation report okay.. bank also depend on that report as well.. they can offer as high as your financial condition will allow.. but u cant markup until like average those house are 400k but u want 600k.. valuation report is not that easy unless u can get someone sign the report for u.. new project is possible if you are doing bulk purchase.. get lower price of property but higher amount in SnP.. rarely got developer do this lubang..

to me, it's kind of stupid to get markup portion to pay off your car loan.. unless your mortage loan serve less than 10 years.. unless you are meant for cover future renovation course which i could understand.. cover car loan?! a BIG NO.. car loan is fixed rate.. assuming u get 3% in car hire purchase agreement.. but house is depending on BR rate.. now probably you feel interests sounds lows, maybe 2.9%.. but once BR increase back to normal in 5 years time.. which will easily go to 4.5%..

This post has been edited by ChuanHong: Jan 18 2021, 01:29 PM

you are right on first one.. car loan interests are fixed.. if u pay off earlier, and it could save little interests from bank.. when u plan to settlement, must go to bank and they will count for u the last payment..

as you are serving car loan currently and why you need to get additional loan amount from mortage loan to settle car?? mortagage loan basically go to 30 years.. but of course it's good to have extra cash flow on hands as long as u manage to get it and handle it well.. no right or wrong here.. just different perspective..

Forced sales value is kind like lowest property price or minimum value of the property value.. mean average you sure can sell this property at 320k.. basically, follow your lawyer that prepare the SNP..
Your sales value is lower than market value, so SNP is 320k.. assume loan amount is 90% then 288k.. usually mark up loan amount is increased your property SNP price to higher value in order to get extra loan amount. It's possible to do so under few criteria..

1.your seller ok and agree for you to do so.. (cause RPGT.. but now no need to pay so it's fine..)
2. Your financial allow you to do so
3. Valuation report of property

Layman explanation: only thing is you can't market a 400k market price property to get 600k+.. valuation report will show recent transactions of same area and what is top price . Bank will use that as one of benchmark.. surrounding same property sold at 400k and why u buy at 600k..

This post has been edited by ChuanHong: Jan 25 2021, 01:28 AM

Market value..

No absolute answer for this. And majority won't go for higher price when there are some with lower price.. you won't go for 300k if there are some offer price at 250k.. unless there is certain exception condition that u prefer to do that way..