Lowyat.NET: Latest topics by Sblad3

Queries on collecting key

Sblad3 — Tue, 12 Jan 2016 16:21:59 +0800

Hi all sifu,

I bought subsales unit since Sept 2015, and due to vendor solicitor delay caused the delay on 2nd disbursement from bank, and the bank charged me progressive interest. Want to ask under this circumstance can I claim that on vendor solicitor?

2nd, Now my lawyer had collected the key for me, want to double check what is the things/documents that I suppose to receive/sign/acknowledge during this procedure, and what is the next action check list after collected the key?

side note: in this collecting key process, I always thought that the lawyer deliver it to buyer, but instead this lawyer's assistant insist me go collect my own at their office, wonder isn't they should deliver it to me instead?

Progressive interest charge

Sblad3 — Wed, 06 Jan 2016 10:42:24 +0800

Hi,

Last year i bought a unit and due to the owner delay, i got charged 2 months progressive interest from my bank. Is it can claim from the owner?

Bought subsales house, when can get the key?

Sblad3 — Tue, 22 Sep 2015 14:05:30 +0800

Hi experts,

I bought an house and gaodim SNP and loan agreement recently, now i wonder by right (in practice and with no breach of any law/contract), when I can get the key? House agent said after my bank paid the owner bank's for remaining balance then I can get key, but if so then another question is, if that's the case, after I start reno the house etc, who pay the bill ?

Valuation Fee

Sblad3 — Wed, 26 Aug 2015 10:39:22 +0800

hi all,

Understand there is a scheme to calc valuation fee. http://www.malaysialoan.com.my/2011/08/mal...valuation-fees/
By using that, my valuation fee should be
100k*0.25%=RM250
528k*0.2%=RM1,056
Total RM1,306

My question is,
1) is there any disbursement/additional charges?
2) Any range of discount for normal valuation? (10-30%?), if it is, it is on the standard fee or disbursement?
3) So far only 1 valuer called me said she was appointed by the bank, if I feel the price is not reasonable, can I ask for another valuer?

Thanks!

Choosing the loan

Sblad3 — Fri, 24 Jul 2015 17:26:11 +0800

Hi guys,

I'm having dilemma to choose banks loan offer.

bank a.
BR 3.8% , spread 0.6% = 4.4%

bank b.
BR 4.0% , spread 0.5% = 4.5%

Disregard of the convenience and facility of the bank, which will you choose?

Lawyer fees

Sblad3 — Tue, 21 Jul 2015 14:27:10 +0800

Hi all,

I'm buying a house (first purchase), received quotation from a lawyer. There are some items that i got no idea of and not to mention if it is reasonable charges, any expert can help to check if below quotation is reasonable? Thanks so much!
Also wonder is there any item that I can request to waive it?

Loan agreement
Professional fee
Charge Annexure / Deed of Assignment (min RM200.00) 440.6
3 Power of Attorney (min. RM200.00) 440.6
6 Developer Confirmation 300
10 Statutory Declaration 200
Total 1381.2

Disbursement

Affirmation of Statutory Declaration 20
2 Land Search 120
3 OA Search 60
4 SSM Search 60
5 Registration Fee for Power of Attorney 50
10 CTC Title / Official Search 50
11 Developer's Confirmation Fee 53
12 Purchase of Loan Documents 318
13 Fax/Telephone Charges 100
14 Printing/Photocopying Charges 150
15 Transport/Courier/Postage Charges 280
16 Miscellaneous 50
Total 1311

S&P
Professional fee
Deed of Assignment/Memorandum of Transfer 300
3 Deed of Mutual Covenants 300
4 Developer Confirmation Fees 200
6 CKHT 2A (RM200/person) 200
Total 1000

Disbursement
Affirmation of Statutory Declaration 20
2 Land Search 120
3 OA Search 60
4 SSM Search 60
11 Administration Fee for Developer 53
12 Fax/Telephone Charges 106
13 Printing/Photocopying Charges 159
14 Transport/Courier/Postage Charges 300
15 Miscellaneous 50
Total 928