Hi,
1) This is one of the problems buyers usually faced.
2) If you had engaged an agent, the agent would have already arranged for an IPA process before you offer for an OTP>
3) Usually can receive a Letter Of Offer (LOO) around 7 working days.
4) In your situation, you have to push your banker to work hard on this, remind them you have less than 21-X (X is the number of days used up to receive valuation value) days before OTP expires.
5) Your date of exercising must be later than your LOO issue date.
6) Failure to do so, the OTP is void.
Hope the above answer to your main concerns, but if there are more query, 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
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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