Sep 29 2008, 02:12 PM
QUOTE(Star @ Sep 27 2008, 12:32 PM)
I just bought a sub-sale at Puchong Area RM152,000.00 and taking up NON-ZEC from Alliance Bank. Just last few days ago, my S&P lawyer informed me I have to pay RM1200.00 for the valuation fees. But i received a call again from the Alliance Bank (using their panel lawyer) saying I need to pay again for the valuation fee by their agent for RM450.00.
I am wondering is this normal to pay valuation to both parties? How come my lawyer didnt include the valuation fees into their original bill for S&P? I thinking my S&P lawyer is trying to be funny here.
S&P Lawyer - Valuation Fees - RM1,200.00
Bank Loan Lawyer - Valuation Fees - RM450.00
Total RM 1650.00 Valuation Fess for a rm152K property can consider normal?
good to bring up this issue, so it can create awareness to people.I am wondering is this normal to pay valuation to both parties? How come my lawyer didnt include the valuation fees into their original bill for S&P? I thinking my S&P lawyer is trying to be funny here.
S&P Lawyer - Valuation Fees - RM1,200.00
Bank Loan Lawyer - Valuation Fees - RM450.00
Total RM 1650.00 Valuation Fess for a rm152K property can consider normal?
First, i never encounter any thing so called VALUATION FROM LAWYER. You should verify this, which i think is inappropriate.
Secondly, bank valuation is compulsory. Mine, 2 properties from Public bank do have BANK VALUATION. It was 200 , but, it also negotiable.
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