AskGuru Q&A Community

Make confident property decisions with advice from our experts

Asked by
Loan under A's name. Property under A, B and C.
A has signed Power of Attorney to B for matters regarding the title and stopped paying for the loan. Loan paid by B & C currently.
Now, question is, can B (solely) take a new loan to cover the A's loan and at the same time, kick A's name out of the property? How to proceed with this?
0 •
20 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Morgan Koh
Replied
Answer is possible. As long as B & C eligible to get loan approved, can appointed a solicitor to redo the kind of Sales And Purchase Agreement.
Feel free to consult by solicitor.

Best Regards,
Morgan Koh (REN06063)
 016-6968923  Read More
0
Upvote Upvoted

Still looking for answers?

Get advice from our community of experts

Ask Your Question
Previously Asked Questions