Cedric wrote:
Hi.
If I have placed a booking of RM5000 on a new property worth $500K ... Upon signing S & P, the price might have appreicatied to $520K...Will my loan application be based on the appreciated market price or the moment I signed the booking form.
Thanks
It is totally based on the time of agreement when you signed it. You may also get more useful information by contacting with any real estate adviser at that place where you have to deal in property because they know much better the rules of that area regarding this.