Asked by Chris R
Hi,
I am planning to buy a HDB resale flat.
80% bank loan is available. But I heard that if the HDB vlauation goes below the current valuation in future, we need to pay back the balance amount to Bank in that situation. else the bank will acquire the unit and they sell it out. is it true?
bcoz, i feel that hdb val'n is already at its peak now. wht gurus say??
I am planning to buy a HDB resale flat.
80% bank loan is available. But I heard that if the HDB vlauation goes below the current valuation in future, we need to pay back the balance amount to Bank in that situation. else the bank will acquire the unit and they sell it out. is it true?
bcoz, i feel that hdb val'n is already at its peak now. wht gurus say??
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