dear all, need advise, i'm wondering can i sell of my house with installment still to pay? i took 20 years loan, still around RM80k yet to settle. Is it that i have to pay off extra RM80k in order to let go the house? having financial issue now.

thx.

This post has been edited by RottyDog: Nov 28 2013, 11:53 AM

havent check yet coz that time bought around RM240k, last time ask bank's staff, they say cannot sell within 5 years time, if not have to pay penalty. so wondering if after 5 years d, duno can sell off or not even with installment to go.

icic, thats the problem, i canot pay advance payment/settle remaining loan amount, thats y i'm worrying whether can sell off the house with stil installment to go. last time bought coz wanted to have own property, then can cari bini for future use, but now bini takda, barang , petrol all naik pula. Sei lor.

then i know car loan, u will have to settle off the remain loan in order to sell off. So i tot housing loan is the same, so i assumed its the same.

Thx again guys.

nononononno, mean next time cari bini liau then the house itself for 'future use', me and bini 'use' the house, i'm a good boy.

icic thx guys, really appreciate all ur advises. learn new thing today- 'refinancing'.