Cost to Remove name from SnP

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asked on Apr 28, 2015 at 04:00
by   FirstTimeBuyHome
Hi All ShiFu and ProS,

Please help to advice on my situation,
SnP - Joint Name (Me & Ex)
Loan - Me only
Property Price - 360K
Loan 90%

I've meet the lawyer and i would like to remove my Ex name from SnP and he advice me to do a share purchase from her to own the whole property. Therefore he come out the costing for me to go thru,

Purchase half share = 180K
Professional charges - RM2000
Reimbursement - RM238
Disbursement - RM2910

Borrower (reapply for Loan)
Re-apply new loan = 360K
Professional charges - RM3777
Reimbursement - RM238
Disbursement - RM2530

Professional charges - RM742
Reimbursement - RM238
Disbursement - RM246

and the grand total i have is RM12K ++  :shock:  :shock:  :shock:  :shock:  :shock:  :shock:
I was shock for this amount because what opinion i got from my friends about this should be taking me roughly 7-10k max. Is it normal ?
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1 Answers

answered on Apr 28, 2015 at 13:28
by   vkpc
It is cheaper if you reconcile with your ex girlfriend.
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