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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, you can’t change ownership just like that and it is best that you check with the branch office of your estate to clarify. Else the only option would be to sell the HDB flat.

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

Hi,

In your situation, this is a buying over shares, not merely taking out names.

1) You have to check with the current mortgage party; if it is an HDB loan goes back to HDB if it is a bank loan goes to the bank.
2) Ask the lawyer not the banker about the eligibility.
3) You can own the flat with your spouse as a family nucleus. For example, you can be younger than 35 yrs old and your spouse is a foreigner; you can still be eligible under the non-citizen spouse scheme. There are lots of schemes available for Singapore citizens.
4) Ask the bank only about the loan amount. They will assess your income using MSR to determine whether you are able to afford to take over your mum & sis's shares.

Drop me an email or a WhatsApp if you need legal advice

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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