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Hi all,
My ex & me recently got divorced. However our house is only 4 yrs plus (not yet reached MOP). Market value is very bad and we are getting a loss (10k-50k) if we sell at market price (price based on recent sale at our area).

Hence, we thought alternatively he can retain the flat with his new spouse & his parents?

My CPF $90K

His New Spouse with CPF of $150K

His Parents above 60 with exiting HDB flat. But planning to sell house to contribute CPF to our house.

Our current outstanding loan is about $200k ++.

When I transfer my share of the house to them, do they need to apply a full loan again or just half of the loan since my ex-husband's name is retained?

Problem: My Ex husband is not working now; Hence, he is not elegible to any loan.

Hope someone can advise or provide me a solution

Anyone know how does this work?

Thanks
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3 Answers

Greetings Ms Devi.

Reading your comments, I find that that your problem is quite complex. It has several issues that need to be resolved at different levels. Each of these different issues has been solved in a systematic manner. I believe that the main objective is to settle the ownership of your matrimonial flat.

Ms Devi, why don’t I meet up with you and all the relevant parties? In this meeting, I will have a much clearer understanding of the big problem. With all the facts and figures all spelt out, I will be able to step-by-step advice and guide you to solve all the problems.

There will no obligation, just a casual and informative discussion. With my many years of working experience in HDB, plus as an experienced Property Agent, I believe that I will be able to assist you and your ex-husband in solving these outstanding housing issues.

Do let me know when is the convenient time for us to meet. You can email me or you can call me at 9734 7257 .

Thank you and Best regards

Anwar Pillay
Assoc Branch Director
PropNex Realty Pte Ltd
Handphone: 9734 7257  Read More
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Hi, hopefully you managed to sell your unit at a good price then. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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