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What to look for when buying a piece of land
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<blockquote data-quote="badrul880" data-source="post: 18296" data-attributes="member: 1865"><p>Dear Sirs and Real Estate Sifu's in the Forum Hope someone can help me...This will be my 1st land purchase. What to look out for when buying a bungalow lot? How do I check if the land is free of encumbrances, pledges etc?I have paid the agent a booking fee of 2%, when will the balance 13% be paid assuming I'm taking a 15% margin of finance.. When do i pay the stamp duty? what else do I have to bear other than the S&P?..Please advise. Thank you.</p></blockquote><p></p>
[QUOTE="badrul880, post: 18296, member: 1865"] Dear Sirs and Real Estate Sifu's in the Forum Hope someone can help me...This will be my 1st land purchase. What to look out for when buying a bungalow lot? How do I check if the land is free of encumbrances, pledges etc?I have paid the agent a booking fee of 2%, when will the balance 13% be paid assuming I'm taking a 15% margin of finance.. When do i pay the stamp duty? what else do I have to bear other than the S&P?..Please advise. Thank you. [/QUOTE]
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