http://forum.lowyat.net/ Mon, 26 Oct 2026 03:11:44 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/2194324 Recently I bought the property at rm528k. Its still under construction and I only paid rm4k as booking fee. Then developer helping me find the loan.<br /><br />After almost a month, we get loan approval from Public Bank. However, they only approved for 70% and thats mean I have to pay another 30%, RM158k for the deposit which is I really out of budget for that. For pre-evaluation, developer said I can get 90% loans without any problem based on my salary. Then when bank&#39;s officer make assessment on my application, he said I only can get 85% which is still OK with me. However their final decision is 70% and its really unexpected.<br /><br />Since I just couldnt afford to prepare extra RM100k for my deposit, I would like to cancel from buying this house.<br /><br /><b>The question is, can I get back my deposit RM4,000?</b> As I cancelled it not because I change my mind but its just in-affordable for deposit and even developer surprised with the outcome from the bank. I tried applied from several bank and all of them just cant process my application as they not developer&#39;s panel bank. So I only have the only one bank that I have to rely with, this bank - Public Bank. <!--emo&:cry:--><img src='http://static.lowyat.net/style_emoticons/default/cry.gif' border='0' style='vertical-align:middle' alt='cry.gif' /><!--endemo--> <!--emo&:cry:--><img src='http://static.lowyat.net/style_emoticons/default/cry.gif' border='0' style='vertical-align:middle' alt='cry.gif' /><!--endemo--> <!--emo&:cry:--><img src='http://static.lowyat.net/style_emoticons/default/cry.gif' border='0' style='vertical-align:middle' alt='cry.gif' /><!--endemo--> nafham Property Talk Wed, 18 Jan 2012 03:48:35 +0800