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 Cancelling loan from bank after sign offer letter, S&P haven't sign. Any penalty?

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icemanfx
post Jul 8 2018, 04:14 PM

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QUOTE(aussiebum @ Jul 7 2018, 05:11 PM)
Similar situations happened, signed bank offer letter, haven’t sign s&p yet. Agent told me to pay the legal fees n stamp duty if I cancel it. Is this true ?
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QUOTE(aussiebum @ Jul 8 2018, 03:55 PM)
Hi, my lawyer suggest me to talk directly to the s&p lawyer n I did so. He said will stop all the doc & pay them the processing fees which is about 600rm. And for loan side I already talk with the banker, will write a letter to waive off the penalty. The agent just trying to scare me.
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Could only take agents words with a large pinch of salt.



 

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