Apologies in advance if this is not the right forum but can't seem to find any quick answer anywhere online so far. Perhaps would be useful to keep as a faq thread with all queries on workings of financing wrt property transactions.

Hopefully there will be some experienced folks here to shed some light on following questions that have been nagging me:

1) Sale of property under mortgage: usual home loan redemptions require 3mths notice period by banks. Settlement from sale of property is usually 2+8weeks. How best to manage this timeline difference from seller's perspective? negotiate with buyer to go on a 2+12weeks settlement period such that upon exercise of option, notice is correspondingly served to the bank for loan redemption? (assuming ur lawyer will arrange all this).

2) TOP in Deferred payment scheme: Developers at minimum need to provide a 14-day notice before TOP to buyer for remainder 80% payment. For those that have not arranged for prior financing, would 14-days be sufficient for lawyers and banks to disburse out the loan? How best to manage this funding?

3) En-bloc: in the event that an enbloc sale has been dealt but has yet to proceed to strata title board review (assuming more than 80%, less than 100% signoff in CSA), would banks typically take this sale into consideration in ascertaining borrowing capacity when extending loans for the new replacement property purchase, even though there is still an element of uncertainty during the strata title board review outcome?

Appreciate sharing of everyone's valuable inputs based on prior experience. thx heaps

Perhaps you can try PM-ing the agents, like Arthur of jacky lemon. :)