It's something like within 1 year from signed date to 1st disbursement.. After that, they've rights to terminate
Household Parklane Service Apartments and shoplots, Now open for registration
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 May 9 2012, 09:47 PM
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Senior Member
5,857 posts Joined: Dec 2010 
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May 11 2012, 12:15 AM
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Senior Member
854 posts Joined: Oct 2009
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loan agreement normally is within 6 months mus t be executed.
however if there are delays, you can write in to extend it. after all banks just need business |
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May 11 2012, 12:52 AM
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Senior Member
4,230 posts Joined: Jan 2009
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QUOTE(kok_pun @ May 11 2012, 12:15 AM) loan agreement normally is within 6 months mus t be executed. Mine is already 7+ months. So far only MRTA amount is disbursed. I guess this is considered "executed". Correct me if I'm wrong.however if there are delays, you can write in to extend it. after all banks just need business  |
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May 11 2012, 01:24 AM
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Senior Member
854 posts Joined: Oct 2009
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need to check with bank first then with your lawyer
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May 11 2012, 06:54 AM
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Senior Member
5,857 posts Joined: Dec 2010
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QUOTE(kok_pun @ May 11 2012, 12:15 AM) loan agreement normally is within 6 months mus t be executed. however if there are delays, you can write in to extend it. after all banks just need business QUOTE(1282009 @ May 11 2012, 12:52 AM) Mine is already 7+ months. So far only MRTA amount is disbursed. I guess this is considered "executed". Correct me if I'm wrong. First things first, check out your loan agreement, should be 1 year |
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May 11 2012, 03:08 PM
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Senior Member
854 posts Joined: Oct 2009
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offer letter lapses in 6 months
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May 11 2012, 07:06 PM
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Senior Member
5,857 posts Joined: Dec 2010
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LO x Facility Document
Some Bank's LO can go lapsed as short as 2 weeks |
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May 12 2012, 02:31 AM
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Senior Member
4,230 posts Joined: Jan 2009
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Just checked the OL, the drawdown must be made within 12 months after offer is made. i have abt 2+ months more..
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May 12 2012, 07:02 PM
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Senior Member
5,857 posts Joined: Dec 2010
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QUOTE(1282009 @ May 12 2012, 02:31 AM) Just checked the OL, the drawdown must be made within 12 months after offer is made. i have abt 2+ months more.. Like that, you're better call up lawyer & developer office to follow up further ... |
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May 12 2012, 08:32 PM
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Senior Member
3,294 posts Joined: Dec 2005 
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I believe for Phase 3 is yet to be drawdowned...
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May 12 2012, 09:53 PM
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Senior Member
4,230 posts Joined: Jan 2009
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QUOTE(ecin @ May 12 2012, 07:02 PM) Like that, you're better call up lawyer & developer office to follow up further ... I will try to call them up next week to check on the est first disbursement date. |
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May 14 2012, 10:55 PM
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Junior Member
7 posts Joined: Mar 2009 
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For those who are out there, at the moment only C1 & C2, available.not many units left at C1. I jz gt one unit at C1, 13th floor
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May 15 2012, 11:58 PM
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Senior Member
3,294 posts Joined: Dec 2005
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The progress seems very slow... Phase 3 still korek korek ...
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May 16 2012, 09:58 PM
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Senior Member
4,230 posts Joined: Jan 2009
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QUOTE(echoesian @ May 15 2012, 11:58 PM) The progress seems very slow... Phase 3 still korek korek ... yes indeed. phase 1 already at 5th floor. |
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May 16 2012, 10:12 PM
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5,857 posts Joined: Dec 2010
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May 28 2012, 09:42 AM
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Junior Member
800 posts Joined: Mar 2009
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finally got letter of disbursement cc.ed to me by Akisama. PE3 owners, check your mailboxes. Just for carpark construction la
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May 28 2012, 10:27 AM
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Senior Member
4,230 posts Joined: Jan 2009
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QUOTE(sweetpea123 @ May 28 2012, 09:42 AM) finally got letter of disbursement cc.ed to me by Akisama. PE3 owners, check your mailboxes. Just for carpark construction la PE3 only got the first disbursement now? Phase 3 is also receiving letter at the same time. |
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May 28 2012, 05:53 PM
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Newbie
1 posts Joined: May 2012
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How does the letter of disbursement affect phase 3 buyer who have yet got their loan and sign the S&P?
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Jun 6 2012, 10:21 AM
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Junior Member
13 posts Joined: Nov 2008
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Is the LRT really a walking distance?
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Jun 6 2012, 10:30 AM
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Senior Member
5,857 posts Joined: Dec 2010
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QUOTE(ryan08 @ Jun 6 2012, 10:21 AM) Is the LRT really a walking distance? It should be more than 1KM |
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