No time to browse through our listing database? Let us find your dream property for you quickly - no obligation! Tell us about the property you are looking for in the form below, and we'll get back to you within 1 business day! A working email is needed. Providing your contact number will also speed things up, though it's not required!
Does Tiram Realty charge agent fee for bank auction properties?
A frequently asked question about getting bank auction properties through us is whether there will be agent fee involved. The answer is simple: "no". You don't have to worry about agent fee as its taken care of by the banks. 通过地南产业购买银行拍卖的物业，是否涉及中介费？答案很简单： 没有，因为中介费将由银行支付。
Last Updated ( Tuesday, 05 August 2008 )
Auction cancelled 20 minutes AFTER HAMMER DOWN
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856
In response to our article entitled "Can someone cancel the house I bought in an auction?", one of our website visitors is kind enough to share with us a personal experience:
It happened to me 2 years ago. For my
case, 20 minutes after the hammer down, the bank cancelled. I was not
even given the chance to sign S&P. Nevertheless, I proceeded to sue
the bank and won the case in KL High Court. The difficult tasks are
finding a lawyer that is willing to sue and a valuator willing to prove
your damage. My case is pending for the damage assessment.- S Ong
Under the auction law, the property is declared sold upon hammer down, hence leaving no more rooms for withdrawal. So, I have no doubt that Mr. S Ong above has a solid cause of action against the bank and i'm happy that the KL High Court has further strenghten this principle. He pointed out a very practical problem however, i.e. getting a lawyer to sue the bank.
Thanks to Google Maps, obtaining a satellite image of your property is as easy as lifting your finger, and and it's FREE! Though the image may not be real-time, it's already a technological wonder that many of us could benefit from.
If you have noticed, Google Maps has now included many street names in major cities in Malaysia. Hopefully very soon we could find detailed driving directions through Google Maps, as what millions of users in United States and many other countries have been using.
If your property is in Malaysia, you might find it tricky to find it on Google Map using your address (as I've mentioned, it's not fully functional for some countries like Malaysia). My tip is to first find a bigger area ("Malaysia", or "Johor" for example).
Once you are in the "Malaysia" map, then all you need to do is to do some dragging and zooming in. (If you know any other better ways, feel free to share it with us!)
To see the map in satellite mode, click on the "Sat" button on the top right corner of the map. And yes, you can show the terrain of the area by clicking the "Ter" as well.
You could even mark your property with it, like how we mark the location of our office in the map above.
P.S. If you have yet to use Google Map before, and you would like to know more about it, you might want to visit the following link:
This is what happen in United States, i.e. if
you cannot qualify for loans or are having difficulty obtaining credit
through the normal channel, then a subprime loan
may be your next port of call. A subprime loan is a loan that is given
to people with a bad credit record. The interest rate on a subprime
loan is likely to be a lot higher than an interest rate you would
expect on a loan from a bank.
Sell your property through a registered estate agent
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2851
By way of referral or advertisement, you may call up a registered
estate agent to sell your property for you. On your first meeting, the
following should be discussed:
(1) Joint inspection of the property
-
Before the joint inspection, you might want to give the address of the
property to the agent for him to gather some information on the market
price. During the inspection, the owner should produce documents such
as photocopy of the title or quit rent receipts as proof of ownership.
- The owner should clearly point out to the agent any renovation involved and any known defaults on the property.
