Case study : Take loan or Let developer charge %., Flipping property
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 Jun 28 2008, 04:01 PM
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#1
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Senior Member
2,155 posts Joined: May 2005  
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QUOTE(tzeyin @ Jun 28 2008, 09:10 AM) i tot tht is if u FAILED to get any loan, but Mr.X actually got a loan approved. I tot u said MR.X not going to get any loan? Thats y he is paying for the late payment penalty isnt it? If the loan is approved, the bank is going to release the money lo....no story oredi. U cannot ask the bank to stop payment becoz the developer is going to rush the bank to pay up. |
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Jun 28 2008, 08:32 PM
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#2
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Senior Member
2,155 posts Joined: May 2005
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QUOTE(hanif444 @ Jun 28 2008, 05:11 PM) bank approved doesnt mean bank wil release money..u need to sign doc with bank with agreement 1st... ehz?? loan approved doesnt means all paper work done?  TS, when u say loan approve means just initial state only issit? No paperwork done? Then it doesnt count as loan approved rite? hahha...sorry i m confused and sorry if i confused anyone.. |
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