Asked by Ms. Dayverthi kumar
Hi there. I currently am looking to sell off my woodlands flat and buy another flat with my new husband... my husband had sold off his EA in Feb last year with the wife taking all of the sales proceeds. In this instance will be be asked to make pay anything by hdb to service the new loan according to the new rule to give half of the cash sales proceeds to service the new loan? We are intending to take the hdb loan in his name only with me listed as the second owner...so will I be asked to give half of my sales proceeds to service the new loan even if the loan is taken by my husband only? Pls help to clarify...so confused...
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