Property & Real Estate Discussions on Home Financing

3482 Results Found in Home Financing

Jk in Home Financing

asked on 17 May 2011

Can I use my CPF to pay monthly installment fir my condo? I had a HDB flat which i am still paying. How does the CPF minimum sum rule apply here? Which property can I pledge for half of the required minimum sum ($123k)? Rather confused. Can...

0 • 3070 views 8 Answers

WorriedBuyer in Home Financing

asked on 17 May 2011

Hi Guru, I am taking a housing loan from bank to purchase a resale private property. I have signed the loan letter of offer and am currently waiting for the loan to be disbursed and completion. However, yesterday, I got a call from the...

0 • 813 views

AND in Home Financing

asked on 16 May 2011

I m already in my mid forties so the years of a loan for a new home is limited. Is it true that I can extend the loan period if I include my child's name as a owner?

0 • 510 views 1 Answer

Na in Home Financing

asked on 15 May 2011

Can some one please enlighten me on the cash involving buying a New EC and a Private condo/resale EC ? This is what I gather: New EC : 5% cash - Bank 5% Option Fees - Developer Private/ resale EC = 5% If that's the case,...

0 • 1232 views 5 Answers

Muz in Home Financing

asked on 15 May 2011

My credit rating is not fantastic. I owe some banks a total of 20k. (hope to clear it from the proceeds of the sale of my home) Late payments often. I earn 5k a mth. My wife and I have a combined income of 6.5k a mth. What are the chances of...

0 • 861 views 2 Answers

Muz in Home Financing

asked on 15 May 2011

Half cash proceed rule. If I make 300k cash from selling my current home, can I use half of the required amount to offset the COV? I understand the new rule states that to qualify for hdb loan I need to pump back in half that amount. Can the...

0 • 1740 views 5 Answers

Cheryl in Home Financing

asked on 7 May 2011

Good day. I am SPR, interested to buy a studio/1-bedroom condo for self-stay. Please advise 1. How much downpayment is required for under-construction unit? Any difference from buying directly from developer or sub-sale? 2. Is the...

0 • 1166 views 7 Answers

Ooi in Home Financing

asked on 3 May 2011

I am intending to buy another property (either condo or landed) for living with my kids and i am wondering what is the percentage the banks are willing to loan to a 52 year old woman?

0 • 871 views 2 Answers

Chris S in Home Financing

asked on 1 May 2011

I currently own a resale HDB and I'm looking to purchase a soon to launch EC. As I understand in my situation, the only way I'll be able to obtain a 80% loan would be to sell off my current resale HDB BEFORE applying for the new EC? Is there an...

0 • 896 views 1 Answer

Jimmy Lam in Home Financing

asked on 30 Apr 2011

Intend to get a property at Melville , about 750k , how much is the annual property tax ? when to pay ?

0 • 968 views 1 Answer

Lee Wee Siang in Home Financing

asked on 30 Apr 2011

Dear Guru, my family is currently applying for HDB mortgage loan.My brother is 30 years old and we are buying a 4room flat. The application form that was mailed to us from HDB stated both my brother and father as applicants. My dad's wish is to...

0 • 791 views 1 Answer

Krishna Barman in Home Financing

asked on 27 Apr 2011

Hi, We are SPR(me and my husband). We have around 24k in cpf and 40k in hand. we wish to buy a 4 room hdb in woodland/bukit panjong area. is it possible? If valuation price is 330k and cov is 25k/30k, what will be the total amount we need to pay...

0 • 786 views

Mani John in Home Financing

asked on 26 Apr 2011

hi guru, which bank do you think is offering promising yet competitive interest rate loan at the moment. I am planning to buy an hdb soon but is eligible for a bank loan. any suggestions would be really appreciated. my top priority is peace of...

0 • 718 views 3 Answers

JJ in Home Financing

asked on 26 Apr 2011

I am trying to save my 2 bedroom, valuation at $700,000 from being divided at the divorce proceedings.So far now me and my wife have contributed 20% each towards the downpayment (loan 60%). Is it even possible if I managed to get an 80% loan via...

0 • 515 views 1 Answer

JJ in Home Financing

asked on 26 Apr 2011

Hi, I would be undergoing divorce proceedings soon. For our matrimonial property, myself and wife contributed money towards the downpayment. I suppose each will get back our downpayment paid when the property is sold. How will the profits be...

0 • 530 views

Stefan S in Home Financing

asked on 24 Apr 2011

Hi Agents, May I confirm what is the effective interest rate for loans? I tried to view a resale property and the there is a effective interest rate provided by Citibank and it is 0.96%. And there is monthly installment repayment. From...

0 • 800 views 1 Answer

Mr Upgrader in Home Financing

asked on 23 Apr 2011

I own a 3 room hdb flat at commonwealth drive which I got renovated 4 years back for 20k++. It is above 5th floor. I am considering selling it (how much do you think I can sell it?) and buying a bigger flat with at least 3 or 4...

0 • 1230 views 11 Answers

AL in Home Financing

asked on 22 Apr 2011

Hi, Appreciate some advice here. 1) I intend to buy a 2nd property (condo). My first property is HDB and I have enough balance in OA to pay up fully for HDB. I will have only $10K in OA after paying up. 2) For financing of 2nd...

0 • 1702 views 9 Answers

Yeong Haur in Home Financing

asked on 21 Apr 2011

Hi gurus, I have a 4 room HDB Flat bought in year 2002. Outstanding loan amount 130k. It have to give bank 3 months notice before fully settlement loan. Within this period, am I eligible to buy a new private condo with 80% loan? Minds intend move...

0 • 1075 views 5 Answers

shahdan norhadi in Home Financing

asked on 20 Apr 2011

CAn we still buy HDB Flats under Bank Loan, And can the bank scale up the loan so that the COV and Agent Fees is covered?

0 • 1743 views 7 Answers

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