Jan 31 2008, 11:36 AM
QUOTE(kevyeoh @ Jan 29 2008, 10:34 AM)
guys,
there's one question from me here...
lets say if we buy a landed house....and we get a loan...
and lets say if we sell the house before 5yrs...how much do we actually profit?
lets take an example
House cost = RM300k
Selling price after 2years is RM380k
do we earn RM80k? no right? what are the hidden charges not listed here? bank and lawyer fees? penalty loan fees? anyone can help shed some light here?
I guess you will get RM40k net profit... with all the legal fees, agent commission, interest paid, cukai, bils and others...there's one question from me here...
lets say if we buy a landed house....and we get a loan...
and lets say if we sell the house before 5yrs...how much do we actually profit?
lets take an example
House cost = RM300k
Selling price after 2years is RM380k
do we earn RM80k? no right? what are the hidden charges not listed here? bank and lawyer fees? penalty loan fees? anyone can help shed some light here?
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