housing loans

i have been house hunting these past few weeks. mainly in the area of cameron highlands and kulim. secretly, rasa macam susah je nak bayar monthly installments as the house prices are going up ridiculously. and tiba-tiba dapat tahu, zeti umum tempoh housing loan akan dipendekkan from 40 years to 30 years. *sighs*

anyway, after a few visits to a few banks such as ambank, maybank and cimb, so far i've learnt that if you want to buy a second-hand home, you have to know the lot number, address etc. kesimpulannya, nak senang, mintak je salinan geran from the home owner. the banks will also need other information such as how much you will be buying the house for and if the house been renovated. after that, the banks will send a penilai hartanah to sum up how much the house is really worth. from there on, the bank will then decide how much they will actually lend you.

and kalau nak jimat duit, of course you have to compare interest rates between various banks. so far, ambank offered me with the lowest interest rate at 4.2%. whilst maybank and cimb both offered 4.4%. i also asked about the pr1ma scheme that the government is currently offering for malaysians. turns out that to be eligible, first and foremost you have to work in the private sector. alas! :(