AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi Experts, I need some advise. Will my bank loan be on track and not affected if I go for 1st HDB appointment to sell my property first and then go for first HDB appointment for purchase 2 weeks later. Thereafter, we will go for the 2nd appointment to sell off our unit 8 weeks later and go for the 2nd appointment 6 weeks later to complete buying the unit which will be about more or less the same time it completes. Will there be a problem?
0 •
1233 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

4 Answers

Mike Lim
Replied
Afternoon,

Performing such buying and selling, back to back, I would assume you have an experienced agent servicing you.
I'm not very sure of your actual financial status, but I would assum that you do not require the money from the sales to go into your purchase, else you won't be making sure tight arrangement.

Hope I have answered your question indirectly.

Regards
Mike Lim
 96929209 
ERA Read More
0
Upvote Upvoted
Choo Jia Ming
Replied
Dear Sir / Mdm,

The best person to advice you is the property agent who manage the whole process.

If you need further advice, please feel free to drop me an email.

Thanks.
Choo Jia Ming
B. Hons (EEE)
Savills Sales Director
HP: 9476 2732 
Email: jiaming.choo10@gmail.com
Salesperson registration. no: R026370F Read More
0
Upvote Upvoted
Catherine PANG
Replied
The S&P process needs careful and confident planning with HDB, CPF, bank and lawyer etc. Recently my client 'suddently' bought a dream condo while 'holding on' to a HDB flat. They needed the extra 'funds' for the condo. Hence, after a series of planning, discussion and deliberation, they finally decided to sell their HDB unit. If you want a consistent S&P process, call us if you need an opinion. The relief is enormous and the commission is insignificant. Check this site: www.catherinepang.com Read More
0
Upvote Upvoted
Koh Zhen Hon
Replied
Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

Welcome Buyer/Tenant
Welcome owner/Landlord to list through us

Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Bless n Warm Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions