When keeping the property is becoming unaffordable, you need a practical next step. Sell House Now reviews your property and situation, then explains whether a direct purchase or suitable-buyer route may be appropriate. The first conversation and initial evaluation are free, with no obligation to accept an offer.
Tell us your deadline first
Is another loan instalment due? Are you covering two properties, facing urgent family expenses or trying to release money tied up in an empty home?
Tell us when you need the money and what is putting pressure on you. If your property has already been advertised, explain what has happened so far. You do not need to spend on renovations or prepare professional photographs before making an initial enquiry.
You can send a short enquiry or WhatsApp Sell House Now on 016 675 8378 to start the conversation.
Work out the cash you could receive
The selling price is not the cash you take home. Ask your lender for the redemption amount and your lawyer for estimated fees, applicable taxes, arrears and other selling costs.
CIMB explains that a redemption statement shows the amount needed to settle the financing. Confirm the figure and its validity with your own lender.
For illustration only:
- Selling price: RM400,000
- Loan redemption: RM355,000
- Assumed total selling costs and adjustments: RM20,000
- Estimated cash remaining: RM25,000
Those are assumed figures, not a quotation. Your costs and proceeds may differ. If the proceeds do not cover the loan settlement and relevant costs, you may need to fund a shortfall or agree an arrangement with the lender. CIMB’s published financing agreement includes provisions on a sale shortfall; your own financing terms need to be checked.
Ask when the money could actually reach you
If you need cash within days, say that at the start. Do not assume an agreed price, signed sale agreement or buyer described as a “cash buyer” means the money will be available immediately.
Ask your lawyer what must happen before proceeds can be released. Have the loan, title, any required consent, existing tenancy and buyer’s funding checked against your deadline.
Compare any proposed route using three questions: what could I receive after costs, when could it be available, and what conditions could prevent completion? We cannot guarantee a buyer, same-day cash or a completion date before the property and transaction are reviewed.
If repayments are overdue, speak to your bank today
You can explore a sale while asking your bank about repayment assistance. Bank Negara Malaysia encourages borrowers facing financial difficulties to contact their banks promptly, and also points to assistance through AKPK. Approval and terms depend on the relevant assessment.
If you have received a legal notice or an auction date, contact your bank and a qualified lawyer immediately. Do not assume that making a sale enquiry pauses a deadline or enforcement action.
Start with a short, confidential enquiry
You do not have to work out every detail before getting in touch. Our short form asks for your contact details, general property area and when you need to speak. Fuller property details and documents can be discussed later.
Discuss my urgent property sale. If you are ready to share more about the property, start the detailed evaluation.
Tell us what you need to achieve and by when. We will review the situation and explain whether a sale route may be suitable, so you can decide your next step with clearer information.
General information only. Sale proceeds, timing and financing arrangements depend on your property, lender and transaction. Obtain professional advice for your circumstances.