What is a bank valuation and when will it be?

When you put in an application for a loan to buy your apartment or home, your lender will send out an independent valuer to appraise the property and get an idea of the property’s value. The vendors representative will advise you when your apartment will be ready for a bank valuation inspection. […]

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When will settlement take place?

There are two documents required to be provided by the vendor before your apartment is deemed complete thus triggering settlement. The Registration/ acceptance of the Plan of Subdivision and the granting of the occupancy certificate. Occupancy Permit: This is issued when the apartment is considered suitable for occupation. An application for an occupancy permit is […]

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