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Hi my question is about the timeline about unpledging.

My condo i would like to buy is around 1mil (after adding BSD + lawyers fee)
5% deposit - ard 50k
15% - ard 150K
lawyers - 3k
BSD - around 25k

I will need to unpledge to increase my loan amount. my question is when exactly does the bank require us to show the amount in the bank?
i understand it is twice - once before loan disembursement and 3 months later again.

for the first time - is it before we pay the 15% + SD + laywer's fee or after we pay the 15%+ SD + lawyer's fee.

thank you vm.
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8 Answers

Hi, perhaps I could get my banker to get in touch with you to explain more detail to you ?

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Dear VM,

For financing matters, it will be better to speak to the banker directly. My basic understanding is to show the amount prior Letter of Offer but it is in your best interest to speak to the bankers as they will be the best person to answer your question.

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Robbie Chen Chee Howe
Hi,

I have done a similar case earlier this year, and yes, you will have to show the funds before loan is disbursed, and also towards the legal completion of the purchase.

For further clarification, I can get my trusted banker to advise you in this matter.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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Hi,

In actual fact, this question should best post to banker instead.
Thus over here, we could only advise what we had experienced but not the final.

1) The 1st presentation of unpledged amount is to obtain the Letter of Offer from bank.
2) 2nd presentation of unpledged amount is to allow the bank to disburse the loan. This usually happen when developer called for amount upon foundation completion.
Thus the timeline shall dependent on how fast the developer works and also dependent on which stage did you sign your S&P.
3) This 2nd presentation could happen during your 8 weeks of purchase completion timeline.
4) If you purchase on launch date or beginning of launch date, than it could happen after you pay 15%+SD+legal fee.
5) If your purchase is near the completion of foundation, you might need to show the bank at the end of 8 weeks completion so as to allow bank to disburse the loan amount.

You may consult the sales person who engaged in your purchase process to understand which stage are you at.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

Note:
Any response to our answer do not reach us until we scroll through each and every queries posted daily.
The best way to get a follow up is to whatsapp or email us directly. Read More
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0
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here: Able Toh ✅✅

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line (ABLE TOH): ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!!
---------//-------------//--------------------
✅✅ (CHINESE VERSION : 简体中文版本)
(1) 如需协助任何房产相关事宜:
租房 / 买房 / 卖房 / 投资,我都可以帮忙!

*** WhatsApp:诗强 /ABLE Toh(+65 9856-9255  )
*** https://wa.me/6598569255
(本平台无法直接联系,请通过 WhatsApp)

(2) ✅✅ 你可以在这里查看我的客户评价:诗强 /ABLE Toh
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(3) ✅✅ 私人住宅买家专享:
提供二手及全新私人住宅资源,买家零佣金
(多数卖方经纪愿意与买方经纪分佣)

*** ✅✅ 联系电话 (诗强 ):+65 9856-9255 

(4) ✅✅✅ 新加坡全新公寓项目-发展商直销团队|最低价保证|无中介费:
✅✅ 提供最新资讯 / 电子宣传册 / 户型图 / 价目表

*** ✅✅ 欢迎来电 / WhatsApp 诗强 :+65 9856-9255 
*** “我能帮助您,只要您愿意私信我” Read More
0
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here: Able Toh ✅✅

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line (ABLE TOH): ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!!
---------//-------------//--------------------
✅✅ (CHINESE VERSION : 简体中文版本)
(1) 如需协助任何房产相关事宜:
租房 / 买房 / 卖房 / 投资,我都可以帮忙!

*** WhatsApp:诗强 /ABLE Toh(+65 9856-9255  )
*** https://wa.me/6598569255
(本平台无法直接联系,请通过 WhatsApp)

(2) ✅✅ 你可以在这里查看我的客户评价:诗强 /ABLE Toh
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(3) ✅✅ 私人住宅买家专享:
提供二手及全新私人住宅资源,买家零佣金
(多数卖方经纪愿意与买方经纪分佣)

*** ✅✅ 联系电话 (诗强 ):+65 9856-9255 

(4) ✅✅✅ 新加坡全新公寓项目-发展商直销团队|最低价保证|无中介费:
✅✅ 提供最新资讯 / 电子宣传册 / 户型图 / 价目表

*** ✅✅ 欢迎来电 / WhatsApp 诗强 :+65 9856-9255 
*** “我能帮助您,只要您愿意私信我” Read More
0
WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

----------------------------888--------------------------------888--------------------------->>>

(1) "If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ✔✔ABLE Toh (65) 9856*9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(2) (***) ✅✅ You can READ my REVIEWS here: Able Toh ✅✅

✅✅ https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

(3) ✅✅ For PRIVATE Home Buyers, I offer solutions for sourcing resale and new PRIVATE homes at ✅✅ ZERO charge (Because Most PRIVATE seller Agent are willing to share commission with Buyer Agent)

*** You can reach me at my Singapore mobile: @ +65 9 8 5 6 9 2 5 5

***(4) ✅ ✅ ✅ DEVELOPER SALES TEAM!!! BEST PRICES !!! ✅ ✅ NO AGENT FEES !! ✅ ✅ LOWEST PRICE GUARANTEED!!!

*** ✔✔Connect Singapore Line (ABLE TOH): ✔✔(65) 9856*9255

FOR : UPDATED INFO / E- BROCHURE / FLOOR PLAN / PRICE LIST!!!

NEW Launches Condominium in SINGAPORE :CALL/ WHATSAPP me FOR BEST CHEAPEST, LOWEST PRICE Straight From Developer Sales Team !!!
---------//-------------//--------------------
✅✅ (CHINESE VERSION : 简体中文版本)
(1) 如需协助任何房产相关事宜:
租房 / 买房 / 卖房 / 投资,我都可以帮忙!

*** WhatsApp:诗强 /ABLE Toh(+65 9856-9255  )
*** https://wa.me/6598569255
(本平台无法直接联系,请通过 WhatsApp)

(2) ✅✅ 你可以在这里查看我的客户评价:诗强 /ABLE Toh
https://www.propertyguru.com.sg/agent/able-s-k-toh-61591

(3) ✅✅ 私人住宅买家专享:
提供二手及全新私人住宅资源,买家零佣金
(多数卖方经纪愿意与买方经纪分佣)

*** ✅✅ 联系电话 (诗强 ):+65 9856-9255 

(4) ✅✅✅ 新加坡全新公寓项目-发展商直销团队|最低价保证|无中介费:
✅✅ 提供最新资讯 / 电子宣传册 / 户型图 / 价目表

*** ✅✅ 欢迎来电 / WhatsApp 诗强 :+65 9856-9255 
*** “我能帮助您,只要您愿意私信我” Read More
0

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