Home loan transfer doubts both procedurally and legally

[User_2e3a5258]

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User_2e3a5258
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February 26, 2025 at 3:23 am

I am planning to sell/ transfer the apartment whih is under Home Loan to a buyer. I just wanna quickly check on what will be the possible procedure in this process that i have to go thru? What compromises i have to make and what should i be wary off of?

I know this involves myself, the Bank i have lended home loan from and a seller. What each side should have or agree with to do this smooth?

I am gonna reach out to the Bank by end of next week to get insights, would like to get some info before i go there so i dont miss anything by accident. (Am a newbie on this) If anyone has gone thru similar procedure or knew about the procedure, i would like to get your insights. TIA. Hope yall have a great weekend.

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