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Documents required from lawyer before loan disbursed

 
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Vinh



Joined: 03 Mar 2008
Posts: 1

PostPosted: Thu Mar 06, 2008 9:21 am    Post subject: Documents required from lawyer before loan disbursed Reply with quote

Hi .... I'm a foreigner that signed a S&P agreement, paid the 20% downpayment and subsequently got the approval for 80% loan from the bank. The problem is that the loan has not been disbursed still and we even got a late payment interest advice from the developer. According to the lawyer, they need some documents from the authorities before they could instruct the bank to release the loan. What are the documents they are referring to? We have already received a copy of the State Authority Consent. What are the other supposed documents required by the lawyer from the state/government? Anyone can advise?
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