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Hi all, have a question.

My current home is valued at $600K and I intend to sell it to buy a $1 million condo (Take a $400K loan from the bank).

If I manage to find my dream home but have not yet sold my current property, will the bank be able to to loan me $1 million first then later when I sell my current property I can pay back the bank $600K?

Is such an arrangement possible or I must sell my current property first then only start looking for the new property to buy.

Thanks
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2 Answers

Able S.K Toh
Replied
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XXXXX The End XXXXXXX Read More
1
Upvote Upvoted
Able S.K Toh
Replied
----------------------------888--------------------------------888-----------------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh>>9856 9255 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT ：）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
1
Upvote Upvoted

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