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I owe a HDB flat, and intends to sell it to get a resale condo, in the west area, budget of $700 K to $600 K, Is it possible to do a contra, and how about bank loan. Hope to get a loan of about 200K. Is this possible? Thank you
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2 Answers

Evening,

In order to proceed with your plan, you need to know how much you can sell your unit for. This will generate the amount of CPF + Interest that will be refunded to your CPF account and the amount of cash that you will get as proceed.

As for how much loan you can get, you will need to work with a banker. After looking into your credit and credit status, will they be able to advice accordingly.

With all this in hand, we can then work on the possibility of turning your wish into reality.

DO feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More
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Hi, you need to do your calculation for the switch, if you need my help we can sit down and discuss this. Let me know. thanks.
Kevin Propnex 93861174 
R009712A Read More
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