POSTED BY April 17, 2013 4:50 pm COMMENTS (3)ON
I approached SBI for housing loan. Apparently the site is not yet approved by SBI.
I was asked to get the registration done and then approach SBI for loan. I was also given an option to apply for pre-approval. Pre-approval probably is just my entitlement and nothing to do with the property that I intend to buy.
When does SBI do the Title verification? I believe that I am charged for the title verification and search report. Then why not do all this before I enter into a deadlock situation with the builder?
Am I being told the right process?