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 Buyin 2nd Hand Condo - left by bf sister., Will this difficult to transfer? Help...

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johnsonm
post Aug 27 2008, 01:32 PM

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here what you can do is to give it from the sister's name to your boyfriend's and his little sister's name, and then you can buy his sister's half share.

so, if the fees is rm6k just to transfer from your boyfriend's little sister to you, then that's very high. if it includes the transfer from the older sister's name, then i am not too sure.


no. 2 means the loan is not approved? if you and your boyfriend together cannot make the monthly payments, you will not get a loan, and the property might be auctioned off by his elder sister's bank. i suggest you consider selling the property before this happens.

if you don't mind stating here, how much are the monthly payments, and what is your combined salary?
johnsonm
post Aug 27 2008, 02:14 PM

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maybe you should go see another lawyer to find out a proper procedure to transfer straight to you and your bf, and skip his little sister. at least this way it will be easier to get a loan as well. also, 6k seems a little high. you should get another quote for that as well. where is your location?
johnsonm
post Aug 27 2008, 03:08 PM

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who is occupying the house at the moment? if it is occupied by your boyfriend's family, then i really do not recommend you touch it, unless you want to burden yourself with legal problems in the future.
johnsonm
post Aug 27 2008, 04:43 PM

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until you are legally married, i wouldn't recommend buying a house together. you should listen to your father. tell your boyfriend to sell the place, take the money and settle everything. then 2 of you can buy another house together to stay, once you are married.
johnsonm
post Aug 29 2008, 10:54 AM

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QUOTE
I think it should be possible for 'lil sis' to relinquish her rights to the property. And you could check with lawyer if she could reassign her rights to you instead with cost (I don't see you mention this anywhere... why?).


QUOTE(johnsonm @ Aug 27 2008, 02:14 PM)
maybe you should go see another lawyer to find out a proper procedure to transfer straight to you and your bf, and skip his little sister. at least this way it will be easier to get a loan as well. also, 6k seems a little high. you should get another quote for that as well. where is your location?
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the boyfriend's little sister can directly "sell" her half to you with a court order, depending on the contents of the will. then there is no need to transfer twice.

actually, if you want to find out more, you could also pay a visit to the land office for some free advise, if you are lucky enough to find someone helpful.
johnsonm
post Sep 2 2008, 05:34 PM

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rental is probably not an option as they will still have to get a loan to take over the sister's loan... and then what happens if you cant find a tenant for a few months? too risky.

 

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