Asked by Lin
Hi All,
I need to have a better picture as i am 1st time buyer for private property.
1) For new launch project, they require to bring chq before viweing the showflat, what does the chq act as?
2)Normally when bank allow 80% loan does it base on the actual price of th e property or 80% after the 5% cash and 15%CPF/CASH payment that was upfront?
3)base on last 2 year property market, where it stands at this moment? Is it at the peak?
4)If i take up the loan now and TOP is 3 years later, does that mean i have to start to pay the monthly installment?
5)If i still own my HDB now and take loan from the BANK for the private property, anyway i can do a bridging loan? what is the interest like?
Thanks
I need to have a better picture as i am 1st time buyer for private property.
1) For new launch project, they require to bring chq before viweing the showflat, what does the chq act as?
2)Normally when bank allow 80% loan does it base on the actual price of th e property or 80% after the 5% cash and 15%CPF/CASH payment that was upfront?
3)base on last 2 year property market, where it stands at this moment? Is it at the peak?
4)If i take up the loan now and TOP is 3 years later, does that mean i have to start to pay the monthly installment?
5)If i still own my HDB now and take loan from the BANK for the private property, anyway i can do a bridging loan? what is the interest like?
Thanks
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