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 how long shuold i wait after sign S&P, 2nd hand house...

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areankim
post Jan 8 2008, 12:49 PM

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QUOTE(scorgio @ Oct 26 2007, 09:17 PM)
Ur S&P should state either 90 or 120 days after signing, u must settle the balance.

After the loan is released by the bank (assuming u took up loan) or after u've settled it with cash. In theory, the property belongs to you, eventhough the transfer of name's not completed yet.

And since it's yours, you could do whatever you like.
*
i'm gonna buy a 2nd hand property as well.
1st with the agent is the booking fees.
then we need to get to the lawyer to prepare the SPA. then within 3 or 3+1 month we need to settle the rest. rite?

the thing i'm not sure is... settle the balance means the downpayment? or geting the loans all go tru?

 

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