No need lah. Transfer of ownership and loan is totally different matters. Most likely the lawyer want to earn
Love and Affection Ownership Transfer, Is it really need Refinancing?
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 May 15 2019, 09:03 PM
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May 15 2019, 10:36 PM
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QUOTE(Pac Lease @ May 15 2019, 10:25 PM) As long as transfer ownership also need to go through by lawyer. Yes, transfer ownership definitely need lawyer. But, because of the transfer, you need to apply new loan??   This is first time I heard off  |
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May 15 2019, 10:56 PM
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QUOTE(Pac Lease @ May 15 2019, 10:52 PM) I'm work in bank, I do many refinance case, so I know it. Father transfer to son, divorce case, sibling transfer. Even transfer ownership, and the initial loan is by the transferee, i.e. the ultimate owner? Lawyer is definitely lah, to transfer the ownership, but, to obtain or refinance the loan due to it? Sorry, by virtue of you working in bank, I even doubt u more, as you then have conflict of interest in these, coz it mean you have benefits from the loan refinancing. |
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