- Joined
- Oct 1, 2007
- Messages
- 58
If you buy with an Agreement For Sale(AFS)
1. do you need to fund the whole mortgage amount when you sign the AFS, or do you just need to come up with the funding when you actually purchase the property which could be years from the date you signed the AFS...
2. if you dont purchase the property in the agreed time frame you would loose your deposit...
are these 2 points correct
Thanks Dave
1. do you need to fund the whole mortgage amount when you sign the AFS, or do you just need to come up with the funding when you actually purchase the property which could be years from the date you signed the AFS...
2. if you dont purchase the property in the agreed time frame you would loose your deposit...
are these 2 points correct
Thanks Dave