Apr 7 2016, 09:16 AM
QUOTE(cherroy @ Apr 7 2016, 08:04 AM)
Be sure the confirmation of sales validity that is not more than a month, and subjected to approval of buyer loan, aka if the buyer fails to secure a loan, then the confirmation of sales become invalid.
Normally, loan approval processing won't be more than a month, whereby whether the loan is approved or not already known.
Confirmation of sales /= SnP.
Normally, banks do ask for confirmation of sales or 1% deposit receipt etc documents, to show buyer legitimate interest on the property.
just to add my 2 sen - loan approval only takes 1 to 2 weeks..Normally, loan approval processing won't be more than a month, whereby whether the loan is approved or not already known.
Confirmation of sales /= SnP.
Normally, banks do ask for confirmation of sales or 1% deposit receipt etc documents, to show buyer legitimate interest on the property.
its quite ok to give a copy of the snp - just the first 3 or 4 pages + schedule (if any) and the signing page..if you are worried get the agent to acknowledge receipt of the copies of snp you are giving to her.
This post has been edited by nookie188: Apr 7 2016, 09:19 AM
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