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im looking to buy condo with my parents who just sold their hdb but proceeds not in yet. im told the money will only come in 12 weeks after completion. if i buy resale condo need to pay 1+4% in cash within 2 weeks and bank say they cannot loan this amount. anyone can share how to finance this initial spend? cos the money will come in later but we dont want to wait then buy as parents need a house to stay too. my own house only got 2bedrooms and my sister is moving with them too.
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3 Answers

Hi nura,

At the day of completion, you will be given a cheque for any net sale proceeds (cash part). For CPF part, it will be refunded back into CPF account within 7 days of completion.

I am not sure which stage of the transaction are you at now, so i hope the above-mentioned helps.

From date of resale submission to 1st appointment will be 12 weeks, then another 6 weeks to completion.

Appreciate you can call me at 96836230  or email me at anderang@hotmail.com for further discussion. We can discuss about your budget for the condo, and i can answer any questions you have in mind.

Have a nice day.

Thanks,
Ander ERA Read More
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1
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------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 (65) 98 56 92 55 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) 98 56 92 55 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

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