IHERNG PODCAST

ASKING SEAN #084 | CANCELLATION OF SPA


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In this episode, we will address what happens when you cancel your purchase after signing the SPA.  Well, it depends at what stage you're cancelling the purchase because it affects the amount that you'll need to pay back or burn. The grey zone would be the initial 10% as you cancel. Does the developer take that into account, or is it really a discount?  After finding out the amount that's gonna be burnt, I suggest to balance that against the cost of getting the keys and preparing it for tenancy. Basically it's to balance which solution will make more sense.

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IHERNG PODCASTBy Sean Tan