Before Buying Your First Property, watch First Home Buyer Step by Step first

Malaysia FIRST HOME BUYER - STEP BY STEP Guide I am William, your property buddy   / william.propertybuddy   Content: if you're a first home buyer, completely new to buying property, then this video is for you i'll be sharing channels, type of property, step by step what to expect for Timelines: 0:13 1st Channel - New Projects | Primary market | Under construction | Undercon 03:55 Progressive Interest 05:28 Developer's Defects Liability Period 09:48 Subsales | Secondary market | Completed property 14:04 Auction and.. of course there are more steps involved in Auctions which I also learning from Auction Agents as well 17:13 Summarising and comparing all the 3 channels / type of properties 1. NEW PROPERTY Visit Show Room, Pay booking fee, Sign booking form, Apply a loan, Compare, Accept loan offer, Prepare and Sign Sales & Purchase, Loan Agreement Payment during agreement signings [[ Remain downpayment (if any) / Differential sum between purchase price - loan amount ]] [[ Legal fees (if any) & disbursement fees (for Sales & Purchase Agreement & Loan Agreement) ]] [[ Stamp duty for Sales & Purchase Agreement & Loan agreements ]] Schedule H & Progressive interest, Developer's Defects Liability, Vacant Possession, Inspection, renovate, move in own stay / rent out 2. SUBSALE Visit onsite property Pay earnest deposit & Sign booking form, Apply a loan, Compare, Accept loan offer, Appointing lawyer, Prepare and Sign Sales & Purchase, Loan Agreements Payment during agreement signings [[ Legal fees & disbursement for Sales & Purchase Agreement & Loan Agreement ]] [[ Stamp Duty for Sales & Purchase Agreement & Loan Agreement ]] [[ Valuation fees ]] During sign agreement, Pay differential sum between purchase price - loan amount (eg if purchase 800k, loan is 720k, you got to pay 80k after minus your earnest deposit) Vacant Possession, renovate, move in own stay / rent out 3. AUCTION prior to go for bidding, due diligence on the property -- find a good Auction Agent decided to bid, prepare 10% bank cheque / draft and register for the bidding session during bidding day, if you bid and win it, pay remain 10% of the final bid price. example open price 500k, final is 550k. your banker's cheque is rm50k. so you need to pay remain 5k also. Apply a loan, Compare, Accept loan offer, Appointing lawyer, Prepare and Sign Sales & Purchase, Loan Agreements Payment during agreement signings [[ Legal fees & disbursement for Sales & Purchase Agreement & Loan Agreement ]] [[ Stamp Duty for Sales & Purchase Agreement & Loan Agreement ]] [[ Valuation fees ]] During sign agreement, Pay differential sum between purchase price - loan amount (eg if purchase price 800k, loan 90% - 720k, you got to pay 80k after minus your earnest deposit) Vacant Possession, renovate, move in own stay / rent out if you like a more personalised session/ recommendation based on your budget, lifestyle needs and future plans, 💬 contact my team 0111-0860038 (https://wa.me/601110860038) If this video helps, please support this channel by Liking 👍🏽, Subscribe and Sharing the video you support motivates me to continue producing more detail area guides and project comparison content. thanks for watching, i'll see you in the next one!