Dec 2 2024, 08:49 PM
QUOTE(kens88` @ Dec 2 2024, 02:55 PM)
Last time I buy my house under the First Home Programme, even though my loan is 100%, I was still compelled to pay the 10% downpayment. Just the bank reimburse me later through the loan.
So the question is... is the seller willing to not receive the 10% downpayment? And the installment become very high lo.
But it has been done before la
My house also first home and 100% loan approved. No hanky panky. SPA price is the transacted price.So the question is... is the seller willing to not receive the 10% downpayment? And the installment become very high lo.
But it has been done before la
In my case, I nego with the owner to pay just 3% down-payment. This amount was later reimbursed to me by the lawyer when bank made the disbursement.
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