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I want to ask the gurus the following question:

1. The seller agent passed me an utility bill to prove ownership of the flat that I am buying.Is that standard? I am sort of expecting more formal document like HDB letter.

2. The flat that I am buying is jointly owned by the husband and wife. I was told that I just need to make my cheque out to either the husband and the wife. Is that correct?

3. On Clause 12 of the OTP, the owner wants to apply for HDB approval for the sales and purchase within 7 calendar days after exercising the OTP. Is that normal? Seem like quite rushed to me.

4. Anyone got any good solicitor to recommend?
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3 Answers

David Ee
Replied
Hi buyer,
Utility bill is not an acceptable proof of ownership as a tenant can also be able to have an utility account. For the others, please email dfsr2010@gmail.com or call 94386522  to discuss further.
Thank you.
David Read More
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Mike Lim
Replied
Good morning,

It does appear to me that you are not familiar with the S&P procedure for purchase of HDB flat even though you have the intention to DIY the deal on your own.
It can be a risky move as any issues on the paperwork might cause either parties hefty sum of legal fee. Why not engage an agent to at lease assist you on the paperwork and procedure aspect so that you are covered?

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Geryl Lim
Replied
Dear sir/madam,

To be frank, I don't think you will be able to get wholesale answers to your questions here because this is where there is conflict of interest. We earn our living through assisting buyers and sellers in the transactions of their homes, be it sale, purchase or rental. In answering these questions without charges, it seems that we are no longer of value.

You can perhaps work out on a win-win situation to assist in your purchase in discussing the service fees with a prospective salesperson whom you feel you can work closely with to complete this deal.

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Thank you for your support in 2016 for the Top Producers Award - https://bit.ly/No1Team

Claim your free home report today at https://bit.ly/ClaimFreeReport.

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My self introductory video on https://youtu.be/6UfrCOCB6Mg

Regards,

Geryl LIM
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