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 What Should I do after Bank loan settled?, Any other procedure with layer/bank?

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TSteq
post Jun 4 2008, 01:02 PM, updated 18y ago

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Hi,


I just settle my housing loan from bank using my EPF, the bank statement is already 0.00 and they have refund the balance to me as well.

My question is, is there any other procedure left? So far neither the bank nor my S&P lawyer nor loan lawyer contact me. unsure.gif Please advice.

Thank you in advance for your help~!! notworthy.gif smile.gif
flyingfox18
post Jun 4 2008, 02:45 PM

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Your have to appoint a lawyer to do a Redeem & Reassignment (R&R), in order to remove the Bank's name from your house's land title. In other words, to make the property 100% belongs to you.

You may approach the Bank for their panel lawyers. Recommended to use their panel lawyers for faster processing. Will cost you a few hundred bucks.

Congrat !! rclxms.gif thumbup.gif
cody99
post Jun 4 2008, 11:49 PM

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Go spend yourself an expensive meal..

Anyway like flyingfox18 mention, just get a lawyer or your bank lawyer to get it done..
TSteq
post Jun 6 2008, 11:11 AM

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thanks a lot flyingfox18 & cody99..

now I know what to do.. smile.gif biggrin.gif

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