Property Value, Going up or down?
Property Value, Going up or down?
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Dec 5 2008, 10:40 AM
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#1
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia |
At the right price, anytime is a good time to buy
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Dec 5 2008, 11:43 AM
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#2
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia |
QUOTE(RME-RAnger @ Dec 5 2008, 11:29 AM) because of the economy down time, some of the people not able to pay their property loan, then they might let go their property below market rate in order lelong by bank. then it is good time to consider for investment therefore, why not buy a property today at recession price? Truth to be told, buying a property during bad times is a lot tougher than buying properties during good times. |
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Dec 5 2008, 08:37 PM
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#3
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia |
QUOTE(mjjj @ Dec 5 2008, 03:47 PM) Precisely my point Even if you could get your loan approved, you might end up forking up 30% just for d/payment and get lousy interest rates, UNLESS your income is really solid and backed with plenty of reserve cash( >100k or more) |
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Dec 6 2008, 02:10 PM
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#4
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3,318 posts Joined: Dec 2004 From: 1Malaysia |
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