But the cost is quite high. You can use a lawyer's fee calculator to make an estimate. On the other hand, if you choose not to be represented, you will save on lawyer fees. But there are still costs. You will need to pay the buyer's lawyer to handle the transfer. This cost is around RM3000. Usually, you have to pay the lawyer's fees after you and the buyer sign the sale and purchase agreement.
You can deduct it from the deposit that the buyer pays later. benin whatsapp fan 2) Penalti ‘Lock-in Period’ Next is the lock-in period penalty. The lock-in period penalty is a penalty that the bank imposes if you sell the house within a period that the bank determines, after you have received the loan. This period is usually three to five years. How much is the penalty rate? Around 2% to 5% of the original debt.
For example, if your original debt is RM500,000 and the penalty rate is 3%, you will have to pay a penalty of RM15,000. I suggest you check the loan offer letter or contact the bank directly to find out more about this penalty. This penalty may or may not be there. 3) Real Estate Agency Fees If you use the services of a real estate agent, the real estate agency fee is 3.
Don't worry about that amount
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