Transfer of Ownership to be Completed

[sumaiyakhatun29]

4) How Long Does It Take for the Bank to Respond? Usually, the bank will take about a week and a half to process your loan application. If approved, the banker will send you the loan details. Make sure you get the loan you applied for. Then, sign the bank offer letter and inform the lawyer to draft the sale and purchase agreement. Your real estate agent can also recommend a suitable lawyer.


Step 9 Sign the Sale and Purchase Agreement and Wait for the bulgaria whatsapp number database It usually takes a lawyer about 1-2 weeks to complete a sale and purchase agreement. Before signing the agreement, ask the lawyer to explain to you the terms of the agreement and the estimated time it will take for them to complete the transfer. Also read: What does SNP / S&P mean in buying and selling houses Then, pay the remaining deposit of 6.


82% along with legal fees. The lawyer will then stamp the agreement and proceed with the transfer process. As I explained before, a freehold house with an individual grant can usually be completed in around 90 days from the date of the sale and purchase agreement. While for a leasehold house it takes around 6 months. During the transfer period, it is also a good idea to follow up with a lawyer about the status of the transfer.