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For cash over evaluation (cov), if the house evaluation price is lower than agreed pricing between buyer n seller, i need to top cash.. will the cov price included otp fee and excercise fee too??
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2 Answers

Aaron Chong
Replied
Hi, COV is a separate issue and not part of the option and exercise fee. Looks like you don’t have an agent servicing you.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Replied
Hi,

COV does not affect the transaction price. If you proceed to exercise the OTP, you will need to set aside COV in Cash should the Valuation of the flat is below the agreed Sale Price.

I am experienced and well-versed in HDB resale transactions. My area of focus is in Central/Queenstown/Bukit Merah/West region.

I will be able to assist you in your flat purchase. Please get in touch with me for a more in-depth discussion.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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