Signed Loan Agreement But Not Sign SPA
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 Jun 10 2010, 10:36 AM
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#1
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Junior Member
104 posts Joined: Nov 2009  
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Its true that the lawyer need all the relevant documents before they can proceed with the S&P. Anyway, you should follow up frequently with your lawyer to rush the owner to provide all the documents. After you pay for the deposit, there is this some sort of 21-days period to sign spa rite? Tht's why the spa should not delay.
For my part, i will not simply pay deposit for tht house in case i fail to get loan. |
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Jun 11 2010, 10:44 AM
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#2
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Junior Member
104 posts Joined: Nov 2009
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QUOTE(chess_gal @ Jun 11 2010, 10:18 AM) Not to worry as SPA do take sometime to be finalised. I just signed my SPA on tues and paid the balance of my earnest deposit. I paid for my 2.1% deposit since March. So it will be sometime until that vendor get back to me. When you sign the spa, do you mean by you have to pay the remaining 8% deposit? What about the lawyer fees, do you pay altogether? |
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