Are auction houses in JB worth it?
Quick answer: It can be, if the price is well below market and you do a title search, read the Conditions of Sale and have loan pre-approval. Main risks: occupants who won't leave, arrears, no inspection, and losing the 10% deposit if you can't pay the balance in time.
Read the auction guide.
Related questions
- How long does it take to buy a house and get the keys?
- Can people from outside Johor (e.g. Kelantan or Sabah) buy in JB?
- Husband and wife buying — whose name should it be in?
- When is the best time to buy a house in Johor?
Frequently asked questions
Are auction houses in JB worth it?
It can be, if the price is well below market and you do a title search, read the Conditions of Sale and have loan pre-approval. Main risks: occupants who won't leave, arrears, no inspection, and losing the 10% deposit if you can't pay the balance in time.