Asked by Anonymous
Hi,
Currently My mom and me are joint tenacy of a 4-room Flat and I'm thinking of transfering my mom name to my wife whom is a PR.
I like to know what we need to pay for the transfer of the HDB flat to my wife name.
I only know that we need to return money to my mom CPF and I'm not too sure does that include into the new HLE we will be taking?
Flat last purhase price: 220K
Current Flat value: 400K median
Mom CPF with % will be est 140K
my cpf with % will be est 70K
Current loan left = 100K
Can someone advise me what the $$ i wil be retaking for HLE and also the cash upfront I need to pay.
Thanks & Regards,
Neo
Currently My mom and me are joint tenacy of a 4-room Flat and I'm thinking of transfering my mom name to my wife whom is a PR.
I like to know what we need to pay for the transfer of the HDB flat to my wife name.
I only know that we need to return money to my mom CPF and I'm not too sure does that include into the new HLE we will be taking?
Flat last purhase price: 220K
Current Flat value: 400K median
Mom CPF with % will be est 140K
my cpf with % will be est 70K
Current loan left = 100K
Can someone advise me what the $$ i wil be retaking for HLE and also the cash upfront I need to pay.
Thanks & Regards,
Neo
367 views