Lawyers Corner, A one-stop centre on lawyers and queries
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 Aug 24 2011, 01:16 PM
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#1
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Junior Member
159 posts Joined: Dec 2010 
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Hey guys sorry if I'm asking this in the wrong thread.
I may be buying a house directly from the owner with no agent involve. Can anyone let me know the procedure of buying a house like first need this then second need apply loan etc. |
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Aug 25 2011, 02:43 PM
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#2
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Junior Member
159 posts Joined: Dec 2010
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QUOTE(dariofoo @ Aug 24 2011, 04:44 PM) First get a lawyer to represent you and start the ball rolling by preparing a draft SPA. At the same time, or even before you sign the SPA, you can apply for a loan. Best to get a loan approved with the initial valuation which matches the purchase price (assuming you're taking 90% loan) before you sign the SPA. Hi thanks for the reply, so in order to apply for a loan.. do I need to get any documents from the house owner such as grant, photostat ic or anything from him? |
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