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 Buying 2nd hand property, Is it really take that long??

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leongal
post Jan 25 2010, 12:31 PM

~I have a new mission in life~
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i am in the process of waiting for my keys and it is driving me crazy....I have to be the third party between my lawyer and the seller's lawyer (to find out what's happening and to ensure my lawyer is doing the job). I will be entering into my 3rd month of signing the loan agreement, but it was only stamped two weeks ago because bank required further documentation from developer....mine is subsale, still under financing by the seller, master title....
leongal
post Jan 25 2010, 04:06 PM

~I have a new mission in life~
*******
Senior Member
3,188 posts

Joined: Jul 2007
From: A place called "home"
QUOTE(dannyw @ Jan 25 2010, 01:59 PM)
I'm also the one using the same lawyer. I'm 2nd hand buyer, due to the lawyer fee discount, lawyer insist to handle the loan document as well. So end up, buyer lawyer, seller lawyer and even my bank loan lawyer also handle by one lawyer.

The problem come, then. I got my key within 3 months, with start paying installement & etc. but lastly my lawyer said, Developer need a consent, which we haven't applied.  rclxub.gif  Everyone keep saying, consent should be approved before bank release money, ya, but my case all handle by same lawyer, so....

Not sure is lucky or unlucky, lucky because i can get the key earlier (without waiting for consent to approve)
*
i think you are abit lucky in the sense that you can get access to the property.....

sad.gif i am so stressed out...and i am going to be roofless soon; except if i pay the seller rental that i can stay there.....that will be the worst case
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