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I have OTP a resale unit and my first appt early next month. My probs now is I failed to secure a bank loan twice. Has applied to another financial insitution and pending LO. The seller agents keep pressuring and stressed me to back off. And my agent gave my email address to the seller agents. She keep blasting me with emails and phone call by demanding me to back-off.
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4 Answers

Hi Fifi,

There is one thing I do not understand. How can you have a first appointment if you have not secured any loan? How can you exercise the option to purchase before securing any loan? 1st appointment is only given after you have exercise the OTP.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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Afternoon Fifi,

Your acting agent should have presented the buyer's checklist to you and explain all the necessary, prior to exercising the OTP or submitting the documents to HDB. And even if he have forgotten about it, he would be required to submitted your mortgage financing document, along with your application.
I would advice you to back off now, with mutual agreement with seller, then to received legal documents from seller's lawyer for specific performance, when you can't even get loan from bank.

All the best
Mike Lim
 96929209 
ERA Read More
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Hi FIFi,

I have helped some of my clients to settle very tough bank loans.

Maybe we can have a non obligatory chat and I can understand better to advise you further.

Thanks and best regards
Andrew
Email : Andrew.se@orangetee.com
Hp : 96302109  Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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