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string(840) "Suddenly all the so called legal experts disappeared.
It is a very valid question raised by Alok. Most of us proceed to buy a house on the promise of Bank Loan.
Suddenly if the bank stop payment of loan amount at the middle or the worst, they stop disbursement at the middle and then ask to return back already disbursed amount.
I am certain that bank's legal expert already crafted their terms and condition accordingly ... and we blindly signed all those.
Anyway, signing a biased agreement does not mean anything as that can be challenged to any court at any point of time.
Bank approved and disbursed a loan amount only after extensive due dilligence and both the parties technically agreed to share any future and unknown risk equally.
What option a common man has in this kind of situation?
Any expert want to share please?"
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It is a very valid question raised by Alok. Most of us proceed to buy a house on the promise of Bank Loan.
Suddenly if the bank stop payment of loan amount at the middle or the worst, they stop disbursement at the middle and then ask to return back already disbursed amount.
I am certain that bank's legal expert already crafted their terms and condition accordingly ... and we blindly signed all those.
Anyway, signing a biased agreement does not mean anything as that can be challenged to any court at any point of time.
Bank approved and disbursed a loan amount only after extensive due dilligence and both the parties technically agreed to share any future and unknown risk equally.
What option a common man has in this kind of situation?
Any expert want to share please?
Comment