General Terms Of Buying Auction Property
1. External viewing only, no inside view, sell “as is where is basis”.
2. We will help into checking your loan eligibility to ensure no loan rejection upon submission. Max loan is 90%. No mark up. To check fill this info : https://t.me/eaolelong or https://findoctor.my/
3. Kindly prepare 10% deposit via bank draft or online transfer (auction house only).
4. To perform caveat, search a day or 2 before bidding at cost of RM60/check.
5. I'll do due diligence works to estimate cash needed to pay for JMB outstanding + title transfer and other costs.
6. I can assist you during bidding or you can bid yourself. We can do it together via Google Meet, onsite office (Megan Avenue KL), restaurant etc.
7. Once winning, I’ll assist you to the next steps. If lost, your deposit is 100% refunded. Auction unit awarded to highest bidder.
8. You have 90days (Laca) / 120 days (Non Laca) to settle the payment to bank. I’ll assist you for loan and lawyer, till entering the house.
Estimated cost of cash:
1. Deposit : 10%
2. Legal Fees : 5-7%
3. Misc (Outstanding Maintenance Fees + Quit Rent + Assessment + Sinking Fund etc | Transfer Direct, Double), Agent Fees : 2-5% (tbc)
Let's check your loan eligibility
Before deciding to enter the bidding. This is to ensure, we're confident enough with our financial aid once wins the bid.
Name :
Age :
Position :
Kindly furnish me with following information:-
1. Attach Latest Payslip/bank statement for 1 month (fix income), 6months variable income.
2. List out all banks commitments:
* Housing Loan :
* Hired Purchase (Car, Motorcyle):
* Personal Loan :
* Credit Card :
* ASB Loan :
* PTPTN :
*Others, pls state :
3. Share copy report CCRIS, CTOS (if any).
TNG EWallet or online : https://eccris.bnm.gov.my/eccris/pages/sec/login.xhtml#!