In order not to be considered breaching the contract, would it be after the agreement signing day with the bank? Which concurrently means the day after the transfer of the loan amount from bank to myself, then to the real estate.
Or perhaps it is as early as after the official application has been approved? (1-2 weeks before the actual agreement signing day).
As a background. 1 of my application already completed official application, but another one probably still needs 1 more week. I believe the agreement signing day would be 1-2 weeks after that. So in total 3-4 weeks from now.
I haven't submitted resignation yet and can still wait just to be safe. Even if I do now, it's probably still another 30 days before actual resignation, so there would still be time.
by SufficientPlay7022
2 comments
AFTER you get the money.
Honestly, don’t do it yet. The safest timing is the day after the loan is actually disbursed (when the money hits your account/the seller).
Even after approval or signing, banks can (and do) perform a final employment check right before sending the cash. If they find out you’ve resigned, they can pull the loan entirely. Since you’ve got the time, just wait the extra 3–4 weeks until the deal is 100% closed. It’s not worth the risk!
Comments are closed.