Morning abe,
What's your intention? investment or own stay?
First you mentioned about investment then it seems like more like for own stay?
If you are buying for investment and you want to sell off your EA to pool resources then where are you going to stay?
And you have to take note that nowadays you are only allowed to take up "a up to 80% loan" which loan tenure does not exceed retirement age of 65 years old. If it does, you are only allowed to take up to 60% only. With your current age of 62 years old, you have to take note of that.
Do update me on your intent first following by recommending some bankers to advise you whether how much loan you can take up for your house hunting.
Happy 2013!
Warmest Regards,
YT TAN
Senior District Manager
R043025D
(M):
9111 5171
(E): yt.lovelyhomes@gmail.com
(W1): www.yttan.com
(W2): yttan.stproperty.com.sg/
ECG Property Pte Ltd
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