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How We Work
How We Work
Once you have finalised your property of choice, our team works closely with you to guide you through the purchase and transfer process. We have outlined the steps involved in a typical purchase below, however, procedures may vary from bank to bank:
1
Understanding Our Client's Need
2
Document Collection & Review
3
Submission of Pre Approval Documents to Financial Institutions
4
Bank issues the Pre-Approval
5
Client identifies the property through a real estate broker
6
Bank conducts property evaluation and issues final approval
7
The final approval is reviewed jointly by us and the client before accepting the offer and signs the bank documentation
8
The Client is advised of the medical test requirements if any, for life insurance cover
9
After ensuring that all the documents are in order, the bank requests for the Developer NOC
10
The bank initiates settlement of the Seller's Loan in case the Seller has any mortgage outstanding. In case the property is self-financed by the Seller, the transfer of the property is scheduled by the bank at the Land Department
11