AskGuru Q&A Community

Hi Sir/Mdm,

You can cancel off the deal as long you have not exercise the OTP. What you will lose will be the option money and the valuation money if you have already booked for it.
Please check with your agent, he/she will be able to give you a better clearer advise.

Regards,
Sim Lenghua Read More

Evening,

Consulting your agent will be your next best move. Should you went through the purchase without one, you will need to know that the Option fee is non-refundable.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi, I assume you have already paid the $1000 option fee to the seller agent? If you are not planning and decided to back off from his deal, then you do not need to do anything at all and just let the option fee of $1000 gets forfeited.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Re: Our Preferred SG Professional- ASAP Real Estate Services

You do not proceed to hire valuation and lose the 1K deposit that all. If not, you can talk to the seller of your intention and see whether any mutual agreement can be discussed further under any tangible term :)

Feel free to engage me as your agent. I can assist you based upon your stated contents and walk you through the entire process with options.

Call me now, we can explore further in detail.

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