Dec 25 2013, 09:44 PM
QUOTE(momojoj0 @ Dec 25 2013, 07:36 PM)
SA told if not able to get DIBS due to dateline they will offer 5% rebate. So in other way its still developer baring the interest during con.
Question is if the 5% rebate is not enough to pay the interest how?if the completion date extended interest still go on then buyer need to fork out whatever above the 5% rebate?
To be safe I will recommend you to take high floor and in this way you will be paying less progressive interestQuestion is if the 5% rebate is not enough to pay the interest how?if the completion date extended interest still go on then buyer need to fork out whatever above the 5% rebate?
when you are worried about 5% not enough to pay the interest, I am sure someone else is thinking that what if the sum of progressive interest is less than 5%? not to mention about profit from whatever investment they could have done using the 5%
don't worry too much and try to focus on choosing a good project that you like
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