AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
I am in the process of divorce.Our 3 room flat in Clementi worth 170k is 5 years old now and we share 50/50 payment.After the divorce, I need to know how can I afford another house as divorcee like me with no children suffer the worst as we are being forgotten.I earn 35k a year, current CPF is only 30k.Please tell me what I should do so I dont become homeless someday.I cannot afford to rent a room with skyhigh prices as Im still supporting my mum.
0 •
350 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

1 Answer

Mike Lim
Replied
Afternoon Lina,

As to whether you can afford to purchase another resale unit, I would need to work out on your financial after sales of unit and a banker on how much loan you are eligible. You should also have certain amount of CPF refund after the sales which should be able to assist you on moving forward. If you do not plan and work towards it, you will likely get nowhere.

Do feel free contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions