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

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dannyw
post Sep 14 2009, 03:19 PM

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QUOTE(Walbur @ Aug 17 2009, 10:18 AM)
2nd hand house - Free hold

Added on August 17, 2009, 10:20 amyour case take longer maybe it's due to leasehold.
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What make the delay different from Leasehold & Freehold? Why everyone say leasehold have to wait longer?

My case, Loan Approved, signed S&P, Deed of Agreement, Loan Agreement, paid Lawyer fee, and paid Deposit for Maintenance fee and Water to Management office. My lawyer told me, now wait for Vendor bank to respone.

How long else should I wait?

My is 2nd hand Condo, Leasehold, Title not out yet.
dannyw
post Sep 15 2009, 03:26 PM

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QUOTE(zeese @ Sep 15 2009, 02:45 PM)
The difference is for leasehold, you need to get a consent letter. Freehold, no need for consent letter.
That's the only different. The rest of the process are the same.

Normally, consent letter application took 1 month or more.
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Thanks. The consent here is through Developer or State consent? Kind of confusing rclxub.gif
1 month or more, so difficult to prepare the consent letter-ah doh.gif
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