Lowyat.NET: Latest topics by small forumer

Subsale Loan Disbursement Process

small forumer — Fri, 10 Jun 2022 00:47:40 +0800

Hi all sifus, I'm currently purchasing a subsale house and would like to know how long does bank usually take to settle seller loan and disburse the monies to seller?

Based on my lawyer, they are currently lodging caveat on the property.

Also from my understanding, the next step will be to advice the bank to settle the seller's loan, then bank will disburse the monies to seller after bank gotten the title.

My question is, how long (estimated) should I expect to complete this process from lodging caveat to get the key?

Also, will the bank start settle the seller's loan right after lawyer advice?
Another info the bank needs other than Evaluation Report (my Evaluation Report is ready). From other forum post, the bank will require the insurance company to confirm on MRTA too. Anything I can start doing now on the MRTA?

* some might ask why I don't ask the questions to my lawyer, but tbh the lawyer is not helpful and thus I'm trying to seek advices from forumers.

If anyone can share the step by step processes with estimated timeline on purchasing subsale house would be great for all new buyers!

Seeking Recommendation on Subsale 2 Storey House

small forumer — Thu, 26 Nov 2020 14:18:27 +0800

Hey guys, I'm looking for 2 storey house in KL / Cheras / Ampang with budget around ~RM 500k.

Are there any recommendations on this?

Thanks in advanced!

[WTS] ASM Fund

small forumer — Sun, 24 May 2020 10:37:32 +0800

Item(s):

Package includes: ASM Fund

Price: 1.02 (!!!NOTICE!!!: Sellers are required to display the exact selling prices of their products. Failure to do so will result in the deletion of the topic)

Warranty: No

Dealing method: COD

Location: KL

Contact method/details: lowyat
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Item(s) conditions: excellent

Picture: -

Reason for sale: letting out my units