Asked by Mabel
Hi all
If I brought a DBSS flat with deferred payment scheme or a BTO flat, am I burdened with a loan which is not yet disbursed to the developer during the construction ? meaning can I start paying for housing outstanding loan even though the loan is not yet disbursed or I can only start upon loan disbursed ? Am I legally bounded to the loan that is undisbursed yet ? Or who can I check with ? Pls advise.
Thanks.
If I brought a DBSS flat with deferred payment scheme or a BTO flat, am I burdened with a loan which is not yet disbursed to the developer during the construction ? meaning can I start paying for housing outstanding loan even though the loan is not yet disbursed or I can only start upon loan disbursed ? Am I legally bounded to the loan that is undisbursed yet ? Or who can I check with ? Pls advise.
Thanks.
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