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Home Buying

Asked by heng fong 4 Apr 2010

hi, i,am PR, would like to know if my cpf only have $20K, can i buy a house ? what is the down payment ? what is the procedure like ? thank in advance .

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Alvin Tang · Answer 1 · 2010-04-06T01:21:27+08:00

Alvin Tang

Replied 6 Apr 2010

Hi heng fong,

First, you got to check with the bank for your In Principle Loan Approval. This shows how much loan the bank is able to loan you. As for downpaymment, it's 5% cash and 15%cash/cpf.
Then also the cash above valuation,cov.

Feel free to contact me if you have any enquires. Thanks.

Regards,
Alvin Tang
HSR Realty
H/P: 8383 5277 / 9146 4333 Read More

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