Asked by Anonymous
I am currently 34 this year, earning about $3.6K to $4K a month (set to increase with increments every year). I co-owned a flat (730429) in Woodlands with my Mother when I took over, to help with the financing. Have about $120K left with the bank loan, paying about $500 a month via CPF.
1) I am considered a second timer if I were to purchase a flat right?
2) I intend to purchase a resale as my current flat seems to be old. I am not sure if there would be any buyers for old and far off flats from main MRT lines.
3) If I were to purchase a resale flat, do I have to do it with another relative like my mother, or I can do it alone.
4) What would my loan amount approved be if I were to take directly from HDB? (rough figure)
Many thanks!
1) I am considered a second timer if I were to purchase a flat right?
2) I intend to purchase a resale as my current flat seems to be old. I am not sure if there would be any buyers for old and far off flats from main MRT lines.
3) If I were to purchase a resale flat, do I have to do it with another relative like my mother, or I can do it alone.
4) What would my loan amount approved be if I were to take directly from HDB? (rough figure)
Many thanks!
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