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Hi, I shortlisted a property and want to give offer, but the seller wont be able to issue OTP until early May due to MOP. Does that mean even if the seller and I are agreed on the price, there will be no legal binding? Should I wait until end of April to negotiate? Any way if I can secure this property early with the seller? Thanks!
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1 Answer

Robbie Chen Chee Howe
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Hi,

Yes, you're right. Seller will need to meet the MOP before being able to Register their Intent to Sell. They will also need to observe a 7-day cooling period before being able to issue the OTP to a Buyer.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you. Please get in touch with me for a more in-depth discussion on your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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