Asked by adam chew
It look very attractive for the bank to provide low interest 1.5% for 2 years for investors to bet on the property for sale? If not the buyers can still made from the rental income for 2 years. If these investor buyer are buying at 20% above the bank valuation. what would happen after the 2 years when they have to dispose their property at a loss price or good price? Is it a illusion for the investors, buyers,sellers, banks?
Banks still operating at the end of 2 years. Why the banks would want to offer this kind of interest for 2 years when they can make even more interest with lock in 30 years or more? Who ever buy the property at high price, is it sustainable? Property flip and flip to higher price by agents. See who the gurus to buy at the high price for quality living or a decent property at resonable price.
No property agent can offer a property at valuation price by the bank. Why pay more for what is worth?
Banks still operating at the end of 2 years. Why the banks would want to offer this kind of interest for 2 years when they can make even more interest with lock in 30 years or more? Who ever buy the property at high price, is it sustainable? Property flip and flip to higher price by agents. See who the gurus to buy at the high price for quality living or a decent property at resonable price.
No property agent can offer a property at valuation price by the bank. Why pay more for what is worth?
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