Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 n/a

views
     
TSwinmxbb
post Mar 20 2009, 12:46 PM, updated 12y ago

On my way
****
Junior Member
688 posts

Joined: Jan 2008
n/a

This post has been edited by winmxbb: Oct 31 2014, 11:01 PM
livingmonolith
post Mar 20 2009, 01:00 PM

Newbie
*****
Senior Member
821 posts

Joined: Nov 2007


QUOTE(winmxbb @ Mar 20 2009, 12:46 PM)
if buy house from owner,
do any one know, when need to pay s&p lawyer fees?

is after bank setter the loan amount to owner or
before bank setter the loan amount to owner ?
*
after.
suiteng
post Mar 20 2009, 01:03 PM

Hopeless President
*******
Senior Member
3,589 posts

Joined: Nov 2004


Use search.
serenayap
post Mar 20 2009, 05:46 PM

Getting Started
**
Junior Member
128 posts

Joined: Apr 2006
hey i wanna ask can we ask quotation from differnt lawyer???i am buyin a property tat is rm110k can anyone tel me roughly how much is the lawyer fees,,thanks
sheakhu
post Mar 20 2009, 11:18 PM

Getting Started
**
Junior Member
248 posts

Joined: Dec 2007
My house price was 370,
i paid 15k rclxub.gif
Blue07
post Mar 20 2009, 11:32 PM

Getting Started
**
Junior Member
167 posts

Joined: Jan 2008


S&P is one transaction. Loan documentation with bank is another. Go figure.
budak_bagus
post Mar 22 2009, 04:10 PM

Casual
***
Junior Member
309 posts

Joined: Jun 2008
From: kajang


i pay staggered.
after sign the s&p, i pay the price for the s&p alone.
after the bank release the payment, i pay the the balance..
falcon867
post Mar 23 2009, 01:43 AM

Getting Started
**
Junior Member
76 posts

Joined: Nov 2008
officialy you must pay during the execution of the SPA
budak_bagus
post Mar 24 2009, 10:39 AM

Casual
***
Junior Member
309 posts

Joined: Jun 2008
From: kajang


QUOTE(Reformist @ Mar 23 2009, 09:54 AM)
Actually regarding this lawyer fees is there any limit to how much the lawyer can charge? I mean besides the stamp duty and basic legal fees (1% of 100k, 0,5% for next RM4,900,000) what else are they allowed to charge? I am about to buy a house and I am really worried that the lawyer can go on and on with the fees.
*
i think there is no limit for the disbursement fee.. it includes telephone charge, land search, transportation.. etc.
livingmonolith
post Mar 24 2009, 12:05 PM

Newbie
*****
Senior Member
821 posts

Joined: Nov 2007


QUOTE(Reformist @ Mar 23 2009, 09:54 AM)
Actually regarding this lawyer fees is there any limit to how much the lawyer can charge? I mean besides the stamp duty and basic legal fees (1% of 100k, 0,5% for next RM4,900,000) what else are they allowed to charge? I am about to buy a house and I am really worried that the lawyer can go on and on with the fees.
*
QUOTE(budak_bagus @ Mar 24 2009, 10:39 AM)
i think there is no limit for the disbursement fee.. it includes telephone charge, land search, transportation.. etc.
*
and at the same time, you may not be charged with all those additional fees at all. smile.gif
meejawa
post Mar 24 2009, 02:56 PM

Casual
***
Junior Member
338 posts

Joined: Aug 2006
QUOTE(serenayap @ Mar 20 2009, 05:46 PM)
hey i wanna ask can we ask quotation from differnt lawyer???i am buyin a property tat is rm110k can anyone tel me roughly how much is the lawyer fees,,thanks
*
There are 4 major fees:

1. Legal for SNP
2. Stamp Duty for SNP
3. Legal for loan
4. Stamp duty for loan

1 and 3 have the same payment schedule, 2 have a tiered schedule, 4 is fixed at 0.5%. These can't be avoided, ie someone has to pay, be it developer, bank or yourself.

The rest are the misc, transport, fax, land title search, deed of assignment, POA etc. All these can be negotiated. Actually 1 and 3 above also can laugh.gif
serenayap
post Mar 24 2009, 05:52 PM

Getting Started
**
Junior Member
128 posts

Joined: Apr 2006
hey a banker inform me tat now the stamp duty for housing less than 250k is free for snp how true is it???
budak_bagus
post Mar 25 2009, 10:37 AM

Casual
***
Junior Member
309 posts

Joined: Jun 2008
From: kajang


QUOTE(serenayap @ Mar 24 2009, 05:52 PM)
hey a banker inform me tat now the stamp duty for housing less than 250k is free for snp how true is it???
*
really? since when? blink.gif
i thought can get 50% discount only.

serenayap
post Mar 25 2009, 06:02 PM

Getting Started
**
Junior Member
128 posts

Joined: Apr 2006
i duno the alliance banker inform me when i apply my loan there. he say since march 1st house less than 250k will have free stamp duty..but i doubt it..anyone can clarify this...
leongal
post Nov 14 2009, 09:56 PM

~I have a new mission in life~
*******
Senior Member
3,188 posts

Joined: Jul 2007
From: A place called "home"


i paid mine on the day i signed the s&p.... mad.gif n i didn realize tat they charge me more for stamp duty until my mortgage broker told me....cos my property value less than rm 250k.....will nit to get my refund!!!

 

Change to:
| Lo-Fi Version
0.0141sec    0.85    5 queries    GZIP Disabled
Time is now: 21st December 2025 - 06:32 PM