ASKING SEAN

[@vinvin5238]

Hi Farah, please don't be typical Malaysian. As per Sean, this is misrepresentation and is worth 'fighting' legally. Cannot be tidak apa attitude. Fight for your 'right' and all your best.

[@Beevs-yx5mg]

As a loan officer in public bank, the cancellation of loan after signing letter offer will be RM2k. However like sean said, i would suggest you to inform your bank about the false advertising done by agent and seller and try to get the cancellation fee waived

[@kelvinyong7761]

Actually many advertisements in property portals are misrepresented too! Sometimes i wonder if there is any law to catch all these culprits. Unfortunately its getting blatant nowadays. Not all but there are a lot.

[@iherng]

Erm, it's an unfortunate truth that there will always be such behaviours as the qualification to be an agent is rather easy. It has improved tremendously now where agents are required to be registered but no penalties are imposed or enforced for their 'bad' behaviours. Anyway, thanks for sharing Kelvin=)

[@pepegamax]

Impose hefty fine on dishonest agents.

[@adcesp6431]

Just to add, if you decide to abort the sale, you can sue both agent and seller to:- 1.claim back all monies paid to seller / agent 2. recover all wasted costs including penalty by the bank n all losses arising from the misrepresentations. 3. Legal costs (may not be full). 4. Your current lawyer should be able to advise you unless your lawyer do not do litigation matter. Don't let this unscrupulous agent to commit fraud to earn commission. He is the agent of the seller. You can sue both n chances on recovery is good.

[@iherng]

Wow!! Such bold moves:) Thanks for sharing Elqay!

[@Rbs6]

shud also beware those agent advertised with property guru,my experience was this joker advertised the property said to be in old klang road,when called up he inform me the actual area is in Seremban,asked why states as old klang road,his answer-you need to go thru old klang road to reach Seremban......hope property guru will screen so it wouldn't be abused

[@Lucas-ft6lz]

Nowadays most of the ads are clickbaits

[@mountainguy4710]

@@Lucas-ft6lz ya like three different condo units in same place all having identical photos and upon enquiry, photos don't actually represent the actual units.

[@cheewaidavidwong7256]

good suggestion Sean😊 great agent are pretty rare in the market

[@iherng]

Absolutely!!

[@kevinchang9131]

This case consider the agent wilfully misrepresented the material info about the property (leasehold and bumi lot)which could affect the buyers decision on whether to buy the property or not. In this case, I believe that the deposit would not be forfeited, and the buyer can complaint to bovaea, and claim any such losses from the agent or sellers...

[@hocklaikhor8353]

learn a lots from this single video. welldone Sean!

[@iherng]

That's great to hear Hock Lai. Thanks for watching!!

[@elaizetan250]

Buyer can complaint to the Board of Valuers if the agent misrepresent the buyer ..... not to MIEA.

[@limpek001]

It is fraud because the agent knew. At 100k below market many other potential buyers must have checked out the house and found out it was lease hold and inform the agent.

[@FizahRahim]

Thank you Sean for this informative video!

[@iherng]

Glad it was helpful! Thanks for watching Fizah=)

[@domg247]

Good advice Sean. Stand tall people!!

[@iherng]

Thanks for watching Dom:)

[@sizzflair6634]

good work sean, lesson learned, terima kasih

[@iherng]

Thanks for watching Sizz:)

[@dannyju]

Good advice 👍

[@iherng]

Thanks for watching Danny=)

[@Q6235]

Straight shoot agent, agent should act as professional. Many peoples taking serious to save small money currently, but forget the big money at the future. 35yrs mortgage leh.

[@tuanliangng647]

Master title is freehold, after 99, return land to developer, transaction take 90 days only.(myself home buyer left 69 year

[@tuanliangng647]

If i flip after 14 years (55 left),,i may earn 4-6%yearly.

[@tuanliangng647]

I think takes 7-8months to transfer name ...ha ha

[@pinocchio221]

lease hold if transfer to family member eg children, i think only pay around 2000 to extend the lease no? i think it's a good deal..

[@iherng]

After paying RM 2k, if the house is sold after that, the price difference before renew and after renewal shall be split with the state government. But it makes a lot of sense for own-stay:) Thanks for sharing

[@haikelrani]

I don't believe it's a honest mistake by both agent seller . Best advise by iherng

[@iherng]

Thanks for watching Haikel!!

[@TheMichSoo]

Yes just complain and make noise. Make it big news

[@iherng]

Hahaha. Wow, I admire the energy =) Thanks for sharing Michelle..

[@ArchitectLOOK]

Every misfortune comes from a poor decision. Don't sign the spa before getting yourself 30 years into a wrong rabbit hole.

[@alextks93]

What about the CCRIS part? Will it affect her rating?

[@iherng]

There won't be any records I think because no money was taken out without a valid SPA. Well that's my logic lah. Great question Spyra=)

[@vineshrajoo2805]

Thanks for this really exciting and interesting video. Pure and simple fraud. Better not proceed with deal. Better for you to suffer a little now than to suffer throughout your life.

[@kashfisharifuddin2390]

Not necessarily fraud unless u can prove intent.. could also be negligence

[@mawdervaart]

rental $1200 a month for a $380k 74 year leasehold? Craziest financial proposition

[@weldon29]

should name and shame this agent

[@Rakshit-thakur]

It's clearly misrepresentation

[@iherng]

Yea. The excuse of 'I don't know' is too convenient.

[@OppaSeek]

If i need to check y then what this ren is for. Easy money sucker only. Pls get ff la this kind of ren.

[@gtechindustries4869]

👌🏻👌🏻👌🏻

[@iherng]

:)