@Moneylust,
Have U had issues getting that loan?

@tzeyin,
Yes it is possible.

@kevyeoh,
Let's say the house is supposedly worth RM500k now [think about who determines the worth?!] but because of the bad economic climate, U could only liquidate it for RM400k.

Do U take it as $ lost or $ gained; assuming the house was purchased @ RM320k cash [make it easier hence no interest calculations]

And pls don't mind me; I'm just babbling away whilst waiting to get off work. Am done for the week

@dreamer101,
You're certainly right; I'm forecasting it to be a lot worst than the last one *gulp* AFAIK cash is indeed important now - and not to mention, job security *grins*

@wheimeng,
I don't think we're at rock bottom YET...

@wheimeng,
Find a desperate enough buyer and U'll be able to get it even cheaper. As for me, no $ so am not going to be looking at purchasing something so big right now

@wheimeng,
Generally things will be worst in December but that doesn't mean ALL corporations will be in bad situations

@wheimeng,
I suppose that's a great idea *shrugs*

@kevyeoh,
Ahh... U'll find something else

@kevyeoh,
I mean, who knows U won't find another house which is more ideal?