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What if you hold out the sale for your buyer and the 100% loan did not go through after 3 months? and after 3 months the property market drops further due to some new government policies, economic downturn or external factors such as war etc. You would have lost the opportunity to sell your property. 3 months is too long a holding period because we usually allow 2 weeks (14 days) for SPA to be signed and 10% downpayment is paid. We do not encourage "subject to bank loan clause" by the buyer as this clause is not fair to the seller. Some form of forfeitable deposit has to be paid by the buyer. Keep looking out for other buyers who don't overly rely on a 100% bank loan which seldom happens. Contact David Wong (Licensed Agent E2097) +60193330573  for further advise. Thank you Read More