Asked by
Hi, my husband and my brother are planning to buy a property for investment. However, bank doesn't approved for the loan due to unfavorable relationship.
My question is, if my husband to proceed with his loan application alone and SPA only can put under my husband name, how to make a mutual agreement for my husband and brother for the ownership of the property?
0
324 views
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

hi. it is solely based on trust if were to put under your husband name only. another way is to have your lawyer to draft a seperate binding agreement with the SPA stating that your brother owns half the share. thank you Alvin Seah 012 917 4656  Read More
0
<en>Charmaine</en> <en>Tan</en>
Hi, you can try few more banks. As I know there are some banks accept "Third party" loan which means like friends can buy house together. Read More
0

Still looking for answers?

Get advice from our community of experts

Previously Asked Questions