AskGuru Q&A Community

Appreciate your sharing, unless you have sufficient funds to fully pay your 1st purchase, if not unable to proceed for 2nd purchase under your name.
Looking forward to share with you via whatsapp or phone call. Stewart Lim - Propnex 9696 4398  Read More

Hi,

Hmm to be borrower (ie. mortgagor) of property, you must also be the owner. Hence after selling 1% away, you can no longer be the mortgagor. If you have sufficient funds to fully pay the first property, the idea may be workable.

Or perhaps may I have more info so to structure a deal that meets your objectives? May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
ERA Diamond Achiever

ERA Top 11 Achiever in June 2020 (Top 1% Company Level)
ERA Top 91 Achiever in 2nd Quarter 2020 (Top 2% Company Level)
ERA Top 15 Achiever in April 2019 (Top 1% Company Level)
ERA Top 86 Achiever in Sept 2019 (Top 2% Company Level)
ERA Top 510 Achiever in Year 2019 (Top 8% Company Level)

SMU BBM (Finance), Magna Cum Laude
Proactive. Sincerity. Feedback.

Contact: (+65) 97432395 
Email: Ivanng10@gmail.com
IG: instagram.com/ivanngrealtor
WeChat: ivanng10
FB: fb.com/IvanNgRealtor
W: ivanng10.com/clientreviews
(Client's Testimonials)
CEA: R052114D

**Note: We are not prompted when you respond here, hence please get in touch directly. Look forward to hear from you soon! **

-- EC Sellers, Private Property Buyers Dr. Chan & Ms. Xie --

I would like to compliment Mr Ivan Ng for his professional work and effort.I sent my first post in Jan 2019 and Ivan replied promptly, so I have decided to contact Ivan for follow up. My EC was not ready for sale due to MOP (another 3 months from Jan) at that time and Ivan was able to give me advices on how to proceed from there. Initially we have decided to try to write to HDB for early sale but since it was only 3 months left, eventually we waited for another 3 months while we looked for our next property. Ivan was able to arrange for new property showroom appointment at a timely manner while helping us to list for our EC for sale. We were a bit worried when our EC sale time was longer than expected due to trade war, but Ivan was able to reassure us that our EC would sell. By November, he managed to secure a buyer for our EC. Thank you.

-- HDB Yishun BTO 5-RM Sellers, Private Property Upgraders Mr. & Mrs. Koh --

I would like to express my appreciation to Ivan Ng for his excellent work. Ivan is a dedicated, client-focused, patient and sincere agent. Throughout the whole process of selling and looking for our next property, he has always acted very professionally that makes my wife and I feel at ease and assured. Ivan is not a pushy and hard sales agent. Ivan listens and understands our needs and carefully guided us through. We are fortunate to have Ivan as our agent. Thank you Ivan. Read More

Hi Do contact me at 97970200  to discuss more on your thoughts

Mark, your RIGHT choice
Propnex Read More

Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi Sir,

To be able to secure a loan for the property, you will need to be the owner of the property. Hence, should you remove your 1% share in the first property, you will not be able to take a loan for the property under your name. Your wife will have to undertake the loan.

Having said that, there are other ways for your homemaker wife to secure a loan. Do get in touch with me for further discussion.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

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

Dear Sir,

To be a borrower of the loan, you will need to be one of the owners as well. In such an arrangement, you will not be able to decouple and save on the ABSD unless you finish paying the loan for the 1st property.

Please feel free to contact me so that I can understand your objectives better and provide you with further assistance.

Regards,
Nick Tan
(M) +65 9644 4854 
B.Eng(Chemical)(Hons)(NUS)
Cert-in-REA
(E) nick96444854@gmail.com
SEAA Salespersons Achievement Platinum Award 2020
Visit my website to know me better: www.nicktan.com.sg

I was featured recently on Council for Estate Agencies (CEA) Newsletter:
http://bit.ly/CEAnews

I have written a guide on buying Residential Property:
http://bit.ly/buypropertyguide

Testimonial from Satisfied Clients
“Nick is a responsible, efficient and excellent salesperson. He has very good knowledge of the real estate market and I benefited a lot from his advice and sharing. He is extremely patient when guiding me through the buying process and I am happy to secure a dream house within my budget with his assistance. A highly recommended salesperson who made my house hunting journey a breeze.”
Ms Chia (Buyer)

“Nick provides a delightful customer experience from day one when I engage him as my agent to look for a flat of my choice to the completion of the deal. He is competent, resourceful and has a pleasant manner to work with. He is the Agent of my choice in dealing with properties and I would highly recommend him to others who would appreciate an agent that takes care and can give the customer a peaceful mind.”
Susana (Buyer)

“Nick is very pro-active in helping us to resolve whatever questions and problems that we encountered. All the issues are settled even before us having to request or ask for a second time. He was very frank and transparent with all the details, limitations and advantages that we wouldn’t have known. I think this is the most important virtue to be successful in this line. I will surely recommend him to anyone who needs his service because I trust that they will be equally satisfied!!”
Mr and Mrs Chan (Sold and Bought a property through Nick)

“We are very grateful to Nick for his extensive marketing efforts. With his comprehensive marketing plan, he helped us to achieve a record selling price within 2 weeks of listing our property for sale! We highly recommend his service to anyone who is keen to sell their properties.”
Mr & Mrs Wong (Property Seller)

“Nick has conducted himself ethically and professionally when handling the sales of our property. Thanks to his patience and perseverance, we managed to secure a sales price beyond our expectations.
We are very happy and satisfied with his services and will definitely recommend him to our friends and family in the future.”
Mr & Mrs Tan (Seller of Inter-Terrace House) Read More

Hi Sir

I will need more information to be able to advise you
I will be glad to assist

There are others way for your wife to secure loan eventough she is not working

Appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi;

As mentioned by the gurus here, you wont be able to take a loan for the property once you remove your name from it. However, there are other ways to secure a loan for your wife even though she is not working. But also need to see the amount that you are looking at, otherwise it may not be feasible to do decoupling. So you might want to do your proper planning first before executing. Hope this helps.. Do feel free to contact me if you need further advise. Have a great day ahead !

Regards;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com
https://r025113i.propnex.net Read More

Hello

How To Buy Your Next Property Without ABSD?
How can I avoid paying ABSD?
How much is Absd for a second property?
Can I buy 2nd property in Singapore?
Do you have to pay stamp duty on the second home?

=============
Answer:

https://www.linkedin.com/posts/askrealtormani_how-to-buy-your-next-property-without-absd-activity-6765274874836606976-9_4j/

==================

Simply, copy and paste the above link into your browser

Not only you will find the answer,
but also other relevant questions that people asked.

Read more tips...

Read my 1,000+ properties tips

https://www.linkedin.com/today/author/askrealtormani

Planning to buy a property or sell your property?

For SELLERS;

I can help you with HOME Report for the seller, see a sample report

http://www.bit.ly/ComparableMarketAnalysisHomeReport

For BUYERS;

Buyer affordability Analysis Report for the buyer, see a sample report

http://www.bit.ly/PropertyBuyerReportSingaporean

For INVESTORS

Below Market Value Properties, Auction, Bidding, Private Treaty list

http://bit.ly/BelowMarketValueProperties

I can provide a customized report for you, explain the policies and procedures,
and find the best deal for you.
Let me help you to plan ahead, save time, money, effort, and avoid costly mistakes.

Need help?

WhatsApp +65 8300 4411 

http://www.bit.ly/ClickToWhatsApp

Questions? #AskRealtorMani

- Mani
 +65 8300 4411 

https://evaunt.me/sl1FG6/Mani (save vCard)

Top 1% on LinkedIn Singapore with 14,000+ followers
Connect >>> https://www.linkedin.com/in/AskRealtorMani/

Follow >>> https://www.facebook.com/AskRealtorMani

Watch my 100+ videos

https://www.facebook.com/AskRealtorMani/videos

How is the property market?

http://mani.myweb.sg/mw-property-news Read More