Asked by Anonymous
I own a 4Room HDB with a present balance bank loan of $170K. I intend to purchase a 5RM via SOBF May 2016, using HDB loan.
During sign of agreement of lease, I will need to pay 10% of the CPF and /or cash amount.
Is there any possibility for be to offset this 10% payment using my existing 4RM HDB value. I want to sell the 4RM HDB only after I ensure the keys and occupancy date for my 5RM HDB.
During sign of agreement of lease, I will need to pay 10% of the CPF and /or cash amount.
Is there any possibility for be to offset this 10% payment using my existing 4RM HDB value. I want to sell the 4RM HDB only after I ensure the keys and occupancy date for my 5RM HDB.
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