Asked by Cherries Lim
Hi experts, I read from some of the q&a here that timing is important when selling and buying. If I need the sales proceed from selling my hdb ea to put up the 5% downpayment for a condo, must this downpayment be in cash? Can I borrow from the bank first and pay it later once I get my cash proceeds from the sale of my ea? Any other alternatives? I really do not want to miss out choosing my new dream home.
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