Asked by Mrs. Eva L
hi all, assuming i'm taking a 70% loan, when do i release the remaining 20% (after deduction of 3% booking & 7% upon signing s&p) to the lawyer? is it common practice for the lawyer to ask for the 20% before the loan amount is release? would appreciate if someone can let me know the time frame of when the money should be release. after s&p is stamped & return or just before the loan sum of 70% is release by the bank?
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