Put both names or single name for property ?

choongjoey — Fri, 29 Aug 2008 10:00:49 +0800

Me n hubby got married last year and staying at house A with his bro+wife & sister.
Hubby bought a house at butkit beruntung many years ago using EPF scheme, and have refinance using house A. So butkit beruntung house no longer need to pay and only need to pay the the refinance amount for house A. Rawang house no longer have market values, thus he refinance using house A.

Now, we have found a 2nd house C nearby cost 360k. But hubby cant take out money from EPF anymore as he has used his 1st house scheme. If house C only have my name, then I can use my EPF and his EPF for renovation of house C (he can withdraw to help spouse to pay house loan if his name not in the S&P). But to get a house loan alone, I afraid I am not quality enough to loan > 300K. If the loan not approved, then d deposit for House C, will be forfeited.

Another issues come into our mind is MRTA. If the house bear both of ur name, if any bad thing happen to either one of us, the other parties do not need to pay the loan anymore.

So, do you think its rational just to put my name into for the house C, that we can take out both our EPF to renovate or as deposit ? But if any bad thing happen to me, my hubby still have to bear to pay the loan for me ?

Or should I put both names for house C but we cant take out his EPF to utilise to pay off the loan ? As he is earning quite a decent pay which means his EPF money can helps a lot if he can take out for the deposit or yearly dump into the loan to reduce the interest.

What is the best approach ?

Transfering owner of house

choongjoey — Tue, 26 Aug 2008 16:26:11 +0800

We hav been given a house, but that’s under his father’s name.
How is the procedures to transfer the name from the father to son? Is that possible to add son+son’s wife name ?

I heard transferring a properties to son is cheaper than adding the son’s wife name. How much will that cost on the transfer fees on a landed leasehold properties cost around 200k. Kindly enlighten me.

[WTA] where to buy neck mannequins

choongjoey — Sun, 17 Feb 2008 20:26:58 +0800

hi girls,

anyone here can enlighten were to get this neck mannequins ?

preferably in kl or pj area and roughly what is the price ?

Lowyat.NET: Latest topics by choongjoey

Put both names or single name for property ?

Transfering owner of house

[WTA] where to buy neck mannequins