Hi Experts,
I am planning to buy a Investor flat which was booked by say Party A and there is Party A and Builder agreement.
Party A has just paid the booking amount.
Now I want to buy the same flat and want to pay the amount to Party A and remaining amount to builder in stages
But all the amount through loan only.
I want a home loan from SBI. SBI executives are not sure about the loan approval in this scenario.
Will try party agreement solve the issue?
If yes then what will be its clauses and is there any format so that i can provide it ot bank officials for study?
If no then what options i hv where i want to pay Both Builder and Party A through home loan.
Please help me..
Regards,
Pravin