Morning 2ndtimer,
Usually I will suggest my clients to sell first and find a temporary accommodation either with their family or rental. If you sell and buy at the same time, you might make some impulsive decisions such as selling at a undesirable price because you have seal the deal as you you place option money for another property or you have to offer a high price than other buyers because you have accepted option money for your current unit.
By selling first, you will not have any problems getting up to 80% bank loan.
The question are you willing to shift house twice? (first to rental unit then wait for the new resale flat to be renovated and move again)
If you still more keen in buying and selling at the same time, I will love to assist you to make sure you meet the right timing but do take note, ongoing renovations will be a concern.
Feel free to contact me if you need any assistance. Hope I can assist you with your property needs.
Warmest Regards,
YT TAN
ECG Property Pte Ltd
Mobile:
(+65) 9111 5171
Email: yt.lovelyhomes@gmail.com
Website: www.yttan.com/
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