Asked by Anonymous
Hello Folks,
I had a divorce and its of mutual agreement between me and my Ex. Court has ordered me to take ownership of the current HDB flat.
Our flat was purchased on 2014 September and we have completed the MOP. We cant sell the flat due to loss right now. Hence i have to take ownership of the flat. We recently refinanced our flat from HDB loan to DBS bank loan 6 months ago. Here are my questions
1. What is the process for this ownership transfer?
2. How long does this ownership transfer process takes?
3. What are the costs involved with it? [some that i know is 1. cash rebate refund to DBS bank, 2. 2% of outstanding loan amount for early refinancing with DBS bank]
4. must i engage a property agent to complete this task?
I had a divorce and its of mutual agreement between me and my Ex. Court has ordered me to take ownership of the current HDB flat.
Our flat was purchased on 2014 September and we have completed the MOP. We cant sell the flat due to loss right now. Hence i have to take ownership of the flat. We recently refinanced our flat from HDB loan to DBS bank loan 6 months ago. Here are my questions
1. What is the process for this ownership transfer?
2. How long does this ownership transfer process takes?
3. What are the costs involved with it? [some that i know is 1. cash rebate refund to DBS bank, 2. 2% of outstanding loan amount for early refinancing with DBS bank]
4. must i engage a property agent to complete this task?
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