Sunday, February 23, 2014

Housing Loan Fees

Tomorrow, I shall be meeting with the developer's lawyer to collect my S & P agreement signed middle of last year and to pay the lawyer $4,300 in legal fees for the bank loan from RHB for my second condo, The Wave - touted to be phase 3 project by Ivory Properties. It is very costly and my first condo's bank loan fees was borne by the developer, thus saving me thousands plus 5% discount of the unit during Hari Raya promotion for the bumiputera, of which I received gleefully. Now everything costs money and things are rather exorbitant now. When I bought the second condo, it was about $800 per sq ft which has now gone up to $1,100 per sq. ft.

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