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Alternative Purchase
1.
2.
3. 1. Identify
2. Inspect
3. Independent research
4. Preparation
5. Registration
6. Successful bidder
7. Signing the contract
4. 1. Auction to Determine Pricing
2. Able to Purchase at Fair Market Value
3. Time Saving – No Negotiation
4. Good Deal
5.
6. “9 COMMON
MISTAKES”
Not sure of qualification.
No other house- if one wants
to buy low-cost house /
Malay Reserve (only the
malays)
Below 18 years old/
bankrupt- cannot buy
auction property
Not doing
Proper Due
Diligence
Not checking
with Bank on
Financing
Not Preparing
Exact amount as
Deposit
Not knowing if any
hidden cost involved
7.
8. 1. Do a title search
2. Inspect the property thoroughly if possible
3. Consider the surrounding property and
neighborhood.
4. Examine recent sales activity and price
trends.
5. Look at the upside potential – future
development.
6. Research zoning requirements if vacant
land.
9. 1. Assessment
2. Quit rent
3. Maintenance charges
4. Utilities bill – Telekom, TNB,
SYABAS, Indah Water
* The successful bidder must pay all
outstanding payments to the State
Authority.
10.
11. Book Details
Series: Malaysia Real Estate Auction
Language: English
Author: Shamughananthan@Jeevan
Muniandy
For order please contact:
012-3812246
Email:
srishanrealty@gmail.com
12. *Free consultation to our fans in Facebook
* Free property review for members in Facebook