Hi Mr Bean, answers inline:
If take loan, there is additional loan legal fee. I read some of the pages of the forum and noted there is this MOT thingy (but one developer sales guy said that this is actually the stamp duty) and I came across this term MRTA, which I understand is some form of insurance for outstanding loan balance.
d) so is it correct that MOT = stamp duty? - MOT is for the transfer from master title to individual title. e) what is the typical legal fee like if without loan? Any lawyers anyone can recommend? I read that the fees can vary quite a fair bit with different law firms. - Get from the developer if you can.
f) anyone has any opinion of Casa Almyra? - Unless you are referring to bungalows, otherwise don't buy. My neighbours who have units there curses every other day.
Stamp duty - 2 types, one from the bank(usually can be waived), the other for the state
MRTA - Avoid unless required, banks ones usually quite high. There are some types of offerings that give you back some of the money (capital sum) at the end of the day if no claims.
Apologies if the questions have been asked before, but the forum is too long running beyond 300 pages, and I can't seem to do intelligent search to highlight the relevant pages for reading again.
So far, most of the people I met - agents and developer sales - are not very professional in that they are not very knowledgeable in all aspects of the housing purchase process. So after they explain to me and I aks specific questions, the info gets added on instead of them explaining to me all at one go, which means their original explanation has jarring gaps.
My heartfelt thanks in advance.