QUOTE(IefGnow @ May 16 2022, 03:50 AM)
But I was told by sales agent that the 5k will not offset down payment wor….was told will need to refund separately, and downpayment is separate payment! Can’t be right? Makes no sense. Anyone has any direct experience?
Actually accepting booking fee is not legal when acquiring a property, the sales team use this as a form of filtering out likely candidates. Truth to be told they often use this as their tactic to lure u to lock down the unit. Part of the sales tactics to gv u a sense of urgency of unit running out or missing opportunity. So most often the deposit/booking fee will be converted to downpayment, cause it’s treated as part of it. Unless u ask them to not bank in the chq
May 16 2022, 12:38 PM

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