hi, @JLean, once S&P, we may just wait for the S&P get stamped, once stamped is done, it is easier to estimate for next step ! relax and chills bro, let the lawyer do their job.
hi, John, first of all, there are 2 document we need to process, first is S&P, second is loan agreement.
is your lawyer are handling S&P and loan agreement for you?
if yes, you need to let the lawyer know about the banker contact.
If no, which mean, your lawyer only handling your S&P, you may consult lawyer whether your lawyer can ad-hoc with the bank that approve your loan.
p/s: your agent should explain the whole flow for you, if he/she doesn't do, maybe they are not an experience or professional agent.
I believe the next step would be the developer to ask buyer for 10% downpayment if it is a brand new first hand property from developer. Also need to make sure the bank releases the subsequent payment to the developer within the stipulated period, else the developer has the right to charge late payment penalty.
As for sub sale purchase, is there any significant difference when compared to buying from developer? Thanks