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Hi! Im Thinking of buying an HDB and partnering with my oldest son (Im the father 59 years old) who is 32 years old. his CPF is 50k Ordinary Account. Can I use my son as the primary Owner of the HDB and Im the Secondary? Possible? Thanks

Regards,

Robert A
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4 Answers

Robbie Chen Chee Howe
Hi Robert,

Yes, but you will also need to include your wife either as a co-owner or an essential occupier.

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

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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Hi Robert,

Family nucleus should include your wife if your name is a coowner, thus your wife will be required to be minimally an essential occupier.

Dear sir/mdm,

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Hi Robert,

1) Yes, you may do.
2) Whether who is the primary or secondary owner is not the most important issue over here.
3) You should be considering how much each owner shall be responsible for the monthly mortgage payment and the percentage of each owner owned.
4) I believed (3) is the more important factor you should be considering.
5) Buyer 1 and 2 are just a sequence, and not that buyer 1 has higher priority or privilege against buyer 2.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answer your main concerns, but if there are more queries, 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

Note:
Any response to our answer does not reach us.
The best way to get a follow-up is to Whatsapp or email us directly. Read More
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