Avoid (if you can) Buying A House During Early And End Of The Year

/, Frequent Ask Questions, Latest News and Update/Avoid (if you can) Buying A House During Early And End Of The Year

Avoid (if you can) Buying A House During Early And End Of The Year

I think we know by now that the complete process of purchasing a house will take about 3-6 months. That’s the average.

But, why a purchaser should avoid buying a house during early or end of the year?

There are a few reasons:-
1. Too many holidays during that time, e.g., Christmas, new year and Chinese new year, etc… When there are too many holidays, it’s just convert to more people are on leave.

These includes the seller, lawyer firm staff, developer staffs, government officials, bank’s staff and any parties that involved in completion the transaction.

When people are on leave and a company short of staff, it will affect the process to be slow or delay.

2. Renewal Of Quit Rent
Quit rent is required to be pay on yearly basis, usually is early of the year. And if you are buying a master title property, like apartment or condominium (most of the time), the quit rent payment is crucial.

Generally, the maintenance office will collect the quit rent payment from all the houses before make a one lump sum payment. In order to receive this payment, it will take time. Without the quit rent receipt, the house transaction is not able to fully complete.

Moral of the story:
Try to avoid buying a house during holidays, early and end of the year.

If you think this is helpful, feel free to share it with all your friends and family on all the social media platform.

For more Home Loan information and enquiry,please call/ Whatsapp us at +6012-6946746
or visit our website www.malaysiahousingloan.com

#malaysiahousingloan #housingloan #MalaysiaHomeLoan #homeloaninmalaysia #homeloan #housingloaninmalaysia

By | 2017-01-11T15:41:28+00:00 January 13th, 2017|Buying A Home, Frequent Ask Questions, Latest News and Update|0 Comments

About the Author:

Hey guys, thank you for coming here and check out our website. We have been doing this housing loan loan services more than a decade and i truIy feel old already. Our website is updated frequently. You can always find us at google+ or our youtube channel http://www.youtube.com/user/malaysiahousingloan. Along the years, we helped thousands of people with their home loan. Sometimes we felt our works is worthy because we help many people to get their dream house. Please come and engage our services. We promise to guide you through and be there when you need us. Until next time, Good Luck!

Leave A Comment