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 Seeking Auction Expert Help, Double title transfer, foreign defaulter

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rebecca_choo
post Jul 6 2020, 11:12 AM

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You should have checked with your lelong agent (if any) on the title status - they would have cautioned you in advance in regards to the double transfer issue.

For now, I would say that the bank had been generous enough in allowing you to extend beyond the usual 90/120 days settlement period - so your only option for now is to do a cash settlement else incur more penalty and/or eventually your unit end up being re-auctioned and you loose your deposit.

 

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