AskGuru Q&A Community

Hi,

Generally in today's market, it is advisable to sell your flat first before looking for the next one. The whole procedure of selling will generally take about 4 to 6 months:
- 1 month to market
- 3 weeks for buyer to exercise OTP
- About 1 month to 1st appt.
- 6 to 8 weeks to 2nd appt.

This is just a rough guide and can vary due to various factors. Whether to sell first or buy first will also depend on whether you need the sales proceed from your current flat.

As the seller of the flat is doing contra, they may require extension as well and this will delay the key collection.

Please do contact me at 8777 7907  to allow me to share in details on the financial cashflow and timeline.

Regards,
Vera Wang Read More

Hi there, in order to transite successfully to your new house, it is important to understand the whole process and the options available to you. IN this current mkt, my suggestion would be to sell first and work out a doable timeline to accommodate your buying. however it would also depend on other factors such as the demand for your HDB, your financial situation and also if you have any temporary housing arrangement. Do drop me a call or e mail for a more in-depth discussion before you proceed with your transition
Rix Jim
 9687 1379 
rix.jim@hotmail.com
Propnex Read More

Hi,

To ensure a smooth transition, it is best if I can have more details so to draft up all your options and provide the best avenue moving forward. Of course, it is more advisable to sell first but since you have found something you like, it is still possible. But the timelines have to be managed carefully. Thanks and hope to discuss further.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Evening,

Before committing, it would be good to understand whether you require the funds from sales to facilitate the purchase. If yes, you would like to know the demand of your unit. As your seller is doing contra, I'm sure the timeline will be tight.

Do contact me should you require additional assistance.

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