Hi,
1) Only an authority can apply for usage of your CPF funds, except the lawyer.
2) Since an agency is not an authority, thus has no right to request the withdrawal of your CPF funds.
3) Thus you will have to pay your agent fees in cash.
4) The HDB/bank loan is only for the payment of the value of the property bought. That was why the HDB/bank will not consider,
1) Only an authority can apply for usage of your CPF funds, except the lawyer.
2) Since an agency is not an authority, thus has no right to request the withdrawal of your CPF funds.
3) Thus you will have to pay your agent fees in cash.
4) The HDB/bank will only recognize the value of the property and disperse their loan according to the valuation value and nothing more.
Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!
Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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