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Morning,

Many home upgraders or downgraders face the same issue as you do. You have to work out on your financial ability before you can see the light. Hence if you need assistance or advise on this matter, do feel free to contact me for non-obligatory discussion.

Regards
Mike Lim
 96929209 
ERA Read More

Advise is to sell first and then buy. Just in case that you have buy at a slightly higher price and need to sell at a higher price in order to cover for your purchase over a limited time frame which will be quite a headache. I had a client who did not take my advise and proceeded to commit to a purchase of unit at $60k COV and need to sell his unit at $50k COV such that his financial plans can be met. In the end, he had to forfeit his $1k deposit to his purchase within the 2 weeks required to exercise the OTP and only managed to secure the right offer for his sale 2 days after OTP expires. Needless to say, the unit he intended to purchase was sold before he managed to retable his offer.
If you require any assistance, feel free to contact me further.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577566 
Email: lim.geryl@yahoo.com.sg
ECG Property Pte Ltd - A Boutique Real Estate Company Read More