Auction properties in Malaysia

Auction properties in Malaysia

For property investment in Malaysia, sometimes you may get a good bargain through auction. If you choose to go this route, here are a few pointers:

Attend several so you become familiar with the process.

You need to do your appraisal work properly. You need to know the market value of the property before you bid. Your final bid must be substantially less than market value. Why? Because you don’t want to eat your PROFITS!!!!!!

Also read through the “Proclaim of sale”, title of the property and talk to your real estate agent, lawyer and bankers. Seek their professional advice before you go for the auction.

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