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Hi! Currently I'm staying with my parents. They own the house. I'm thinking of getting a house next year when I'm 35. But I was just wondering, can my mom withdraw her name out from this house, and buy a sales of balance flat with me? If yes, what are the fees/procedures we need to do? Can I buy the flat without her paying a single cent?
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3 Answers

Hi
Your mom could not withdraw her name from the flat to purchase a sales of balance flat together with you if she is still married with your dad. This is because HDB does not allow decoupling for married couple. An alternative is to sell off your parents flat and purchase a flat together with both your parents to form a family nuclues. Yes you may include your mom as an owner without her contributing anything to the flat. Do contact me at 93375051  for a free and non obligatory discussions on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More
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Robbie Chen Chee Howe
Hi,

Depending on the type of property your parents own, your Mother may or may not be able to withdraw her name from the property.

You can form a valid family nucleus with your parents to purchase a HDB Resale flat. However, if the house you mentioned that your parents own is a private residential property, you will not be eligible to apply for a Sales of Balance flat, until at least 30 months after they dispose off the private residential property.

Lastly, do take note that should you purchase a HDB resale flat together with your parents, they will need to dispose off their current residential property latest within 6 months upon the HDB flat purchase.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

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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Hi, appreciate your sharing. It depend on your plans and what strategies you wish to proceed with, allow me to share with you a free coffee session on the Pro and Cons. Looking forward to hear from you soon, do call or whatsapp me at 9696 4398  . Stewart-PropNex Read More
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