Welcome Guest ( Log In | Register )

Bump Topic Topic Closed RSS Feed

Outline · [ Standard ] · Linear+

 Buying new house

views
     
juicyliana
post May 13 2016, 11:32 AM

when u think juicy, think liana
*****
Senior Member
746 posts

Joined: Aug 2011
From: Lowyat.net
at 56 years old, isn't it quite hard to get the loan approved?
juicyliana
post May 13 2016, 01:02 PM

when u think juicy, think liana
*****
Senior Member
746 posts

Joined: Aug 2011
From: Lowyat.net
QUOTE(lol4291 @ May 13 2016, 12:37 PM)
Hi,

Thank you. Will be contacting you soon.
Hi,

Yes, I'm thinking its hard as well. But my dad want to borrow about RM100-150k For period of 5-6 yeara The rest we have the  cash. Hopefully that might help.
Another question. Let's say I prepared a letter stating that the owner of the house, XXX, has agreed and received a sum of about 2k, to keep the house for, YYY, until the approval of the loan. In the case of the approval did not pass, the owner, XXX, can open the sale to another party.

Signed by both XXX and YYY.

Is this document legally binding? Can we bring it to court should either party did not obey the document?

Thank you.
*
can u pass the money to your lawyer and use them as your trustee? that will be safer than passing it directly to the owner. my 2 cents.

Topic ClosedOptions
 

Change to:
| Lo-Fi Version
0.0165sec    0.73    6 queries    GZIP Disabled
Time is now: 10th December 2025 - 07:26 AM