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ALTERNATIVE PURCHASE www.SRISHANBID.COM® FAST TRANSPARENT FAIR

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ALTERNATIVE PURCHASE

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

AUCTION

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

1. Identify2. Inspect3. Independent research4. Preparation5. Registration 6. Successful bidder7. Signing the contract

7 Easy Steps

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

Advantages of Auction

1. Auction to Determine Pricing

2. Able to Purchase at Fair Market Value

3. Time Saving – No Negotiation

4. Good Deal

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

9 Common Mistakes

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

“9 COMMON MISTAKES”

Not Buying within limits

Vacant possession

Coming late on auction dayNot 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

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

2 IMPORTANT STEPS TO MASTER BEFORE BUYING AT AUCTION

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

1. Do a title search2. Inspect the property thoroughly if possible3. 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.

Property investigation - property search

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

1. Assessment2. Quit rent3. Maintenance charges 4. Utilities bill – Telekom, TNB,

SYABAS, Indah Water

Outstanding payment - sometimes there may be many outstanding bills like :

* The successful bidder must pay all outstanding payments to the State Authority.

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

Not knowing if any hidden cost involved

Everything You Need to Know About AUCTION….

www.SRISHANBID.COM®FAST TRANSPARENT FAIR

Book Details

Series: Malaysia Real Estate Auction Language: English Author: Shamughananthan@Jeevan

Muniandy

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For order please contact: 012-3812246 Email: [email protected]

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*Free consultation to our fans in Facebook* Free property review for members in Facebook

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FAST TRANSPARENT FAIR

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