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 I have 50k cash, what type of house can I buy?

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superm@n
post Jan 8 2008, 07:08 PM

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From: -Virtu@l Re@lity-
QUOTE(Underhill @ Dec 29 2007, 02:24 AM)
Sorry if this sound too stupid, but I have no idea how things work on this property thingy.

I'm able to commit around 800 a month for loan repayment, I have 50k, and I'm 25. Planning to buy a house for a family of 4.

I wonder, would it possible to buy a house say at RM450k?
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doh.gif

With RM800 installment you want to buy RM450k house?? Try to look for apartment... with RM800 you can't even look for 200k house...

RM800 should be 100k - 160k

If you really want to buy a house then try to adjust your monthly installment up to RM1500, then you can buy 2stry house at RM250k - RM280k.
superm@n
post Jan 10 2008, 01:16 PM

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QUOTE(bryanyeo87 @ Jan 8 2008, 09:48 PM)
take a look at my sig

might just be able to request regional bank managers to approve your loan even if you cannot qualify brows.gif
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No idea... perhaps he will get it..
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