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Afternoon,

For the transfer, you will need to know how much is the current outstanding mortgage since you are buying over the other party's share. How much loan you can obtain will be dependent on the current valuation and your income, along with your credit status and age. You can definitely utilize CPF to pay off the balance, dependent on whether you are using HDB loan or bank loan. Do take note that the ultimate cash flow for transfer might be more costly than selling and buying another unit. However, HDB will be handling the transfer procedure fully. Hence you can obtain more information from them accordingly.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear Sir/Mdm,

For divorce cases, you may want to consider whether it makes more financial sense for one party to take over the ownership of the flat or to sell it in the resale market if it is an amicable split.

I will advise you to do some financial planning first before arriving on the decision. Each case is unique as it depends on what is stated in the court order as well.

Please feel free to contact me so that I can understand your situation better and provide you with further assistance!

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
(W) www.nick-tan.com

Testimonial from Satisfied Clients (2015/2016)
“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

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We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House)

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Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”

Mr and Mrs Chan (Sold and Bought a property through Nick) Read More