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When to appoint lawyer for Loan Agreement
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TSSoftenedheart
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Jul 30 2024, 08:07 PM, updated 2y ago
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New Member
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Hi all
I'm in process to purchase first house. However I'm not really understand some of the process.
During which stage of the buying process I need to appoint lawyer for Loan Agreement. From my reading, every bank will have their own panel firm for LA. In case I'm applying more than 1 bank, do I need to wait for bank approve loan before start searching for LA lawyer?
Thanks in advance
This post has been edited by Softenedheart: Jul 30 2024, 08:07 PM
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jetblast
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Jul 30 2024, 08:10 PM
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Normally you don't have to find your own lawyer. Just use the same bank lawyer much easier
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taitianhin
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Jul 30 2024, 08:11 PM
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Can one. Pasal need to draft SnP in a short period of time after the signage. Ask the lawyer/firm if they do on those banks you have apply loan on. Ask for discount now also. Good timing to looks for lawyers and compare their Quotation and discount
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forever1979
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Jul 31 2024, 11:52 AM
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ask the bank to recommend 2-3 lawyer firm. after compare the fee, u choice one from them. u need to use panel from bank.
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