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

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superm@n
post Jan 8 2008, 11:36 AM

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From: -Virtu@l Re@lity-
QUOTE(bslashz @ Jan 7 2008, 02:52 PM)
im using bank muamalat...
actually we must always call that bank n our lawyer...

my friend said the fastest bank... CITIBANK..
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I think is depends on cases....
yes, call lawyer once a day... make sure they are working on it for you.... [although you will waste of time and a bit of money...]
But it is better than you end up of paying interest to the seller.

So the whole process took you how long? Please share more information. thanks
superm@n
post Jan 8 2008, 06:29 PM

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QUOTE(areankim @ Jan 8 2008, 12:49 PM)
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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Of course getting a loan to pay to the seller..

You will have like 21 working days to find a loan from Bank..

Normally 3+1 months is referring to S&P and Bank Loan...

Once you signed the S&P... you will have to settle the downpayment... usually is 10%.
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