hi,

If I find a buyer and I don't want to engage property agent (to save commission), what is the selling procedure? for example how much the buyer need to make down payment to me.

or do i have to engage lawyer.

if the buyer engage lawyer, what happen next?

how can I repay my exiting loan?

pls advise

You may check the procedures listed under the category entitled "sub-sale" herein contributed by me under
my name, Raymond Chu. Altogether 13 items.

An additional note : for sale of property below 5 years from the date of purchase,
Real Property Gains Tax will be imposed.
An (estimated) 2% of the purchase price will be collected.

You may need a solicitor. As for the repayment, the purchaser will actually be redeeming the property
and hence, the purchaser's bank will conduct the necessary undertakings with the vendor's solicitor.

Unless, there are outstanding differences from the total purchase price after deducting the redemption sum,
(where you have to settle the differences with your bank as the vendor), this is explained in my participation.

Selling property can be far less stressful when you understand the process:- Accurate valuation, Selecting an estate agent, presenting your property, marketing your property etc..