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Home Loan problem with developer

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1 Home Loan problem with developer on Thu Sep 28, 2017 3:23 pm

jasonibuan


Arresto Menor
Mga sir/maam
Tanung ko lang regarding kasi sa property na nakuha namin..ipinasok na namin sa home loan sa bank ung property..meron na approval pero nagkaproblem si bank at ung developer dahil gusto ipa annotate ni bank
Ung title pero ayaw ni developer..kaya tuloy hindi natuloy ung home loan so nagcancel kami ng application..ngaun si developer inilapit sa ibang bank pero di kami napprove dahil daw low income daw..pero dun kasi sa bank na naapprove kami may kakilala kami na area manager ng bank..un lang naging problem regarding dun sa requirement nung bank na ipa-annotate kaso di pumayag si developer..anu po kaya pwedeng gawin?iniisip po kasi namin..matutuloy na sana ung loan dahil may approval na..kaso di nagkasundo ng developer..ngaun di namin maipasok sa home loan dahil di na kami naapprove..

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2 Re: Home Loan problem with developer on Fri Sep 29, 2017 11:08 am

karl704


Reclusion Temporal
Bakit kaya ayaw? eh usually i-aannotate talaga yung mortgage contract sa title. Better inquire from the developer the reason.

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3 Re: Home Loan problem with developer on Fri Sep 29, 2017 11:30 am

jasonibuan


Arresto Menor
Parang ang nangyari po sir..sabi ng developer namin..bumili sila ng lupa dun sa isang developer..na parang internal agreement lang nila..ngayon nagtayo sila ng project at ang nasa title ng lupa ay ung developer na pinagbilhan pa rin nila..kaya po ata pinapa-annotate nung bank kasi ipapangalan ung MC sa kung sino ang nakapangalan dun sa titulo..ang ginawa ng developer namin gumawa ng Deed of assignment para developer namin ipangalan ung MC..dun po parang di pumayag ang bank..kaya nirequire nila i-annotate..sabi din samin nung developer namin malaki daw magagastos nila sa pagtransfer ng title mula dun sa pinagbilhan nila..madodoble po kasi ang transfer pag trinansfer sa kanila tapos itatransfer sa pangalan namin na which is kami naman ang magshoulder ng transfer sa pangalan namin

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4 Re: Home Loan problem with developer on Sat Sep 30, 2017 8:24 pm

betchay001


Reclusion Perpetua
Hello po,

Karl704 is right, the mortgage document is annotated on the title, and most often banks usually require that the transfer is facilitated before the developer is paid. This process ensures that the buyer will pay the bank. What is the developer's option if they don't want anything annotated on the title?

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5 Re: Home Loan problem with developer on Sun Oct 01, 2017 12:37 pm

jasonibuan


Arresto Menor
Ang nangyari po nung hindi sila nagkasundo nung developer at nung bank..ung developer po nagrefer ng ibang bank na kakilala nila..un nga lang po ang nangyari hindi na po kami naapprove bale dalawang bank na po nilapitan nila ang ending po ay hindi po kami na-approve..dun po kasi sa bank na di sila nagkasundo ang advantage po kasi namin dun ay may kakilala po kami na area manager..kaya po kami na po mismo naghanap ng bank namin na pwede kami makapagloan..so ayun na po ang nangyari..

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