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 1st time house buyer

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TSwolf7036
post Sep 24 2019, 06:14 PM, updated 7y ago

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Hi I'm total noob, recently I saw one project launching, I kinda like it but not too sure, SA told book ur fav unit first, once the show house finished, if u don't like u can surrender, booking fee 100% refund, some bank agents were there during the launching also
After that they contacted me, since I've never applied housing loan before I didn't know if I can get loan ( how much max)
After a few days the bank fellas called me saying loan was approved, they are pushing me to sign the offer letter, and they saying the offer letter valid for 10days only, if I want to wait till the show house to complete, which may take few months more, what should I do, ask them (bank) to cancel the application or what
Quite blur here, pls help tq
loki
post Sep 24 2019, 06:20 PM

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no showhouse and they pushing you to sign? sounds fishy
albertshinji
post Sep 24 2019, 06:26 PM

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You should wait. Perhaps the banker need to meet quota hence he pressured you.
diners
post Sep 24 2019, 08:56 PM

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QUOTE(wolf7036 @ Sep 24 2019, 06:14 PM)
Hi I'm total noob, recently I saw one project launching, I kinda like it but not too sure, SA told book ur fav unit first, once the show house finished, if u don't like u can surrender, booking fee 100% refund, some bank agents were there during the launching also
After that they contacted me, since I've never applied housing loan before I didn't know if I can get loan ( how much max)
After a few days the bank fellas called me saying loan was approved, they are pushing me to sign the offer letter, and they saying the offer letter valid for 10days only, if I want to wait till the show house to complete, which may take few months more, what should I do, ask them (bank) to cancel the application or what
Quite blur here, pls help tq
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nope... buy house is not like buy iphone (where u can pre-order and roughly expect how it is like)

how can they process your loan when you did not book? or you had already booked?
TSwolf7036
post Sep 24 2019, 08:58 PM

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QUOTE(diners @ Sep 24 2019, 08:56 PM)
nope... buy house is not like buy iphone (where u can pre-order and roughly expect how it is like)

how can they process your loan when you did not book? or you had already booked?
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I've booked, the SA agent said can refund after show house complete if I don't want

diners
post Sep 24 2019, 10:53 PM

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QUOTE(wolf7036 @ Sep 24 2019, 08:58 PM)
I've booked, the SA agent said can refund after show house complete if I don't want
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But once you signed the loan offer cannot patah balik d. Think properly...

All in all, very fishy.

 

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