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Good afternoon Pearlyn, Let me briefly go through the purchase procedures with you and this is provided you can obtain a 80% loan (20% downpayment will be paid in 5% cash and 15% CPF/ cash): - First obtain in principle approval (IPA) from bank to find out how much can you loan before house hunting - Once you are interested in a unit, issue a cash/cheque of 1% (of purchase price) to seller to receive option to purchase (OTP) - Need to obtain letter of offer (LO) from bank to exercise the OTP with 4% cash/ cheque (to make up 5% deposit), estimated 3% Buyer's stamp duty (BSD), Mortgage's stamp duty, legal fees within 2 weeks (option period) from OTP grant date - Wait for 6 to 8 weeks completion period to get the keys Note: option and completion period can be negotiated between buyer and seller. Why not let my banker to advise you on your in principle approval and share with me how much cash and CPF do you have on hand so we can work things out from there? Hope to hear from you soon! Cheers! Enjoy your weekends! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171  (E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com Read More

Hi Pearlyn, feel free to call me at 91859011  Sheryn Tan for a no obligation discussion Read More

Hi Pearlyn, Let me assist you in your search. It would be much clearer if I can understand your requirements. And I would also be able to explain to you in terms of the financial breakdown and procedures involved. Look forward to hear from you. Yoy may reach me at 91442665  or sms/watsapp Best Regards, Tricia Tan 91442664  Read More

Hello

How to Buy a resale condo?

#AskRealtorMani @AskRealtorMani

How much do you have to put down on a condo for resale?

Should I buy a resale condo?

How can I buy a resale condo in Singapore?

Why you should never buy a condo?

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Answer:

https://bit.ly/3qFD6z7

https://www.linkedin.com/posts/askrealtormani_buy-a-resale-condo-google-search-activity-6769815845817479168-Zyz1/

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Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

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