Hi,
1) In order to trnasfer your name out of ownership. The rest of the owner must have the financial capacity to pay you back.
2) The whole transfer process does not involved any agent, everything is done via HDB only.
3) The transfer process is exactly the same as selling and buying a property except it is in smaller amount.
4) The length of the transfer process is similar to normal HDB transaction. Approximate to 3 months time.
5) To begin with, the buyer has to receive IPA if taking loan from bank or HLE is loan is taking from HDB.
6) The rest of the process you can either follow the steps/process laid by HDB or consult HDB officer from time to time.
Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
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