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 EMPIRE CITY @ Damansara Perdana/Mutiara Damansara, Mixed Development Project in Damasara KL

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RedDevil32
post Feb 26 2013, 10:01 PM

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I just received a call from my bank, telling me that there is complication for my loan.They telling me, that ED is under commercial title, and my loan is for residential title.

I already sign off the office letter months ago. Now they ask me to resubmit in the document because commercial title have different document and maximum loan only 80%?
RedDevil32
post Feb 26 2013, 11:27 PM

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QUOTE(kinx @ Feb 26 2013, 10:11 PM)
in you case most likely you need to resubmit your document or change.  commercial title is only allow loan up to 85%.
you didnt check document during the purchase is under commercial title as well?
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I guess its partially my fault as i didnt even check the principle spa agreement between the first owner and developer. I just jump in blindly and buy it. Now resubmit my document again. yawn.gif

QUOTE
you buy subsales?

Yup . Agent didnt inform me bout this. sad.gif

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