3 Answers

Evening Grace,

You will receive your profit, if it's positive sales, after completion appointment at HDB. Therefore, selling at $50k COV may not promise as much cash, when your unit is under negative sales.

Regards
Mike Lim
 96929209 
ERA Read More
0
Hi Grace,

You maybe receiving more than the total amount of COV if your sale is a positive ones according to the financial calculation done prior to sale. This amount of proceeds will be given to you on the day of your completion and you can bank in this amount to your bank, which takes approximately 3 working days when you can utilise this amount.

I am quite disturbed that you are actually unaware of this if you have engaged the services of a salesperson to sell your unit as he/she should have provided you with this information for you to plan your finances.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
0
Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

Welcome owner/Landlord to list through us

Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Regards

Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG

All welcome Read More
0

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Previously Asked Questions