May 25 2016, 02:23 PM
QUOTE(n0thing @ May 23 2016, 06:57 PM)
Hello sifus,
Newbie here. I'm buying my first property but no down payment is paid as the developer is giving 10% discount which is basically the down payment required.
Can I still withdraw 10% of the property price from my account 2?
Let's say house is rm500k.
Loan is 450k.
Can I take out 50k from my account 2?
What if the loan is 500k?
What about joint loan/snp with wife?
Let's say both our account 2 have 30k each.
Can both of us withdraw all 30k from both account 2?
Help!
Thanks
You can withdraw from account 2 as long as you have not withdrew from account 2 before. No need to mention the rebate you received from Developer to anyone.Newbie here. I'm buying my first property but no down payment is paid as the developer is giving 10% discount which is basically the down payment required.
Can I still withdraw 10% of the property price from my account 2?
Let's say house is rm500k.
Loan is 450k.
Can I take out 50k from my account 2?
What if the loan is 500k?
What about joint loan/snp with wife?
Let's say both our account 2 have 30k each.
Can both of us withdraw all 30k from both account 2?
Help!
Thanks
Not sure about the joint name part.
This post has been edited by JianNinety: May 25 2016, 02:24 PM
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