Jun 25 2022, 09:01 AM
QUOTE(wkchee95 @ Jun 9 2022, 08:16 PM)
Hi everyone,
Would like to confirm if I’ve signed LO from bank, bank need at least 3 months to disburse the money to the developer?
If that’s true, is there any way can avoid this circumstance?
I just received email from developer to arrange settlement from the progressive payment.
I am worry progressive late payment will charge by developer to me as heard many people facing the same issue.
usually for cases like these, developer will give grace period 2-3 months from date of SPA for bank to release money.Would like to confirm if I’ve signed LO from bank, bank need at least 3 months to disburse the money to the developer?
If that’s true, is there any way can avoid this circumstance?
I just received email from developer to arrange settlement from the progressive payment.
I am worry progressive late payment will charge by developer to me as heard many people facing the same issue.
i believe developer also know that for loan to release need roughly 2 month from spa stamping date.
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