HOME  -    PROPERTY ADS   -   DISCUSSION FORUM   -   REALTORS   -   LINKS    -   CONTACT US



Realtors and Real Estate Agents - Sign Up for Free Account at Property.net.my >>


Malaysia Real Estate
Malaysia Real Estate Portal
 
 FAQFAQ   SearchSearch   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Letter of Offer

 
Post new topic   Reply to topic    Malaysia Real Estate Forum Index -> Property Financing
View previous topic :: View next topic  
Author Message
lululala



Joined: 20 Jun 2005
Posts: 22

PostPosted: Mon Jul 11, 2005 9:15 am    Post subject: Letter of Offer Reply with quote

Hi,
I just signed the letter of offer from a bank but have not signed the loan agreement since SPA is not completed. After knowing about BCB's BLR-0.25% flat rate loan package, i was wondering if i can terminate the letter of offer with my current bank and go with BCB. I read through the letter t&c and didn't find any clauses relevant to termination. can i safely do it? advice is appreciated. thanks.

- lulu
Back to top
View user's profile
Banzai



Joined: 25 Oct 2004
Posts: 3367

PostPosted: Mon Jul 11, 2005 9:41 am    Post subject: Reply with quote

Get advice from your lawyer (if you have already appointed one). If not, chances are, your existing financier will appoint one but they need your S&P completed first before anything can happen anyway. So likely, no problem.
Back to top
View user's profile
lululala



Joined: 20 Jun 2005
Posts: 22

PostPosted: Mon Jul 11, 2005 10:19 am    Post subject: Reply with quote

Just saw yet another new package from PBB with BLR - 0.35% flat rate Shocked
Back to top
View user's profile
satyromaniaman



Joined: 14 Jul 2005
Posts: 14

PostPosted: Thu Jul 14, 2005 10:46 pm    Post subject: Reply with quote

should be able to reject any offer letter without costs.. but like previous statement.. best advise to check with your lawyer
Back to top
View user's profile
Display posts from previous:   
Post new topic   Reply to topic    Malaysia Real Estate Forum Index -> Property Financing All times are GMT + 8 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum



This is a free forum intended to foster communication between all users.
Hileytech Sdn Bhd does not guarantee the correctness or validity of postings, nor does Hileytech endorse any postings. No posting or contents in this forum can be copied and reproduced without prior permission from Hileytech and the owner of the posting. All other names and marks are trade names, trademarks or registered trademarks of their respective owners.
Powered by phpBB, Another web site by www.hileytech.com,Forum Archive
Tel : +603-89449965, +603.89449365 ::  Fax : +603-89440665 :: hiley@hileytech.com