Can i sign S&P before loan approval?
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 Jul 2 2015, 08:17 AM
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#1
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Senior Member
3,788 posts Joined: Aug 2007   
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Let me have a dig at this...
If you sign the SPA without securing your loan:- From developer, you will be subject to progressive billing for each stages of the project + late payment interest. Subsale, you have to get your loan approved within 3 months, failing which u get charge late penalty interest on the balance purchase price. |
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Jul 2 2015, 08:42 AM
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#2
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Senior Member
3,788 posts Joined: Aug 2007
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QUOTE(wild_card_my @ Jul 2 2015, 08:36 AM) This is correct I agree with your points. Lol... Would be great if I can have all my youthfulness back.Btw are you like 19 years old...? based on your nickname. Thats very young. Youth is good.  This post has been edited by aurora97: Jul 2 2015, 08:43 AM |
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