Apr 6 2017, 03:36 PM
QUOTE(kenJi2788 @ Apr 4 2017, 12:29 AM)
Hi all,
Sorry just a newbie asking question here.
May any expert share with me, if I want to book a unit for newly launched project...it will be completed in 2021
The agent ask for rm5k booking fee.
Can anyone tell me:
1. What's the procedure or action to take after paid the booking fee? Apply for loan?
2. And what if the loan get rejected, can I get the booking fee back?
Thanks for helping a noob!
If can, pay the booking fees to developer together with agent.Sorry just a newbie asking question here.
May any expert share with me, if I want to book a unit for newly launched project...it will be completed in 2021
The agent ask for rm5k booking fee.
Can anyone tell me:
1. What's the procedure or action to take after paid the booking fee? Apply for loan?
2. And what if the loan get rejected, can I get the booking fee back?
Thanks for helping a noob!
1. Yes, apply loan. I did apply 3 banks which is panel banker for the developer.
- After loan approve, then will proceed to sign S&P. (Usually this time will start pay downpayment, laywer fees etc)
Please ask your agent for the process flow.
2. You must ask the developer clearly before paying booking fees. (Better ask developer, coz some agent might not pro and tell wrong info)
- Assume you apply 3 bank and all of them reject, so get reject letter from bank and give to developer and they will do full refund. (Remember: Different developer, different practice)
I also just gone through this cycle
Hopefully can help..
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