AskGuru Q&A Community

Afternoon,

In the case that your wife had utilize her CPF for the unit and intend to do a transfer, it cannot materialize as your brother do not have stable income to facilitate the mortgage.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Good day!

The main concern is on the mortgage, to see if he is capable to take loan in the course of transfer,if you need help on the legal and banking matter, would like to give you some help with my contacts of lawyers and bankers.

Jack Su
 97265102 
jacksuyunlong@yahoo.com
ERA Read More

Hi,

If your wife has utilized cpf for the hdb, if she exits the ownership, the incoming owner must be able to refund her cpf utilized. Since you mention her brother has no income at the moment, I'm afraid it maybe difficult to do so. She can also transfer to her mum if her mum is financially equipped to take over.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude

Email: Ivanng10@gmail.com
Contact: (+65) 97432395 
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/clientreviews/
(Client's Testimonials) Read More

Hi Sir,

Since your brother-in-law is above aged 21, he is eligible to be the co-owner of the HDB flat with your mother-in-law.

However, to withdraw your wife's name from the HDB flat, he will have to find ways to top up whatever CPF monies your wife has put into the HDB, and also undertake a mortgage loan on the remaining loan balance for the flat.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Hi,

Re: Today’s SG Professional Choice- SGAgent.com & SGRealtor.com

As long as your bro can return all your CPF with interests upon you transfer the HDB ownership share to you.

I am contactable at 92222389  or onassis@sgagent.com / sgrealtor.com

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

Onassis Gan | R021244C | Today’s SG Professional l SGAgent.com & SGRealtor.com

EXPERIENCED. PROACTIVE. SINCERITY. FEEDBACK
ACTA (Full); PDCE (Singapore); MSc BIT(Middlesex); BBA (South Australia)

Featured Realtor Services recognition by SGReview.com and SGBride.com

Singapore Line : (+65) 92222389 
Malaysia Line: (+60) 111-0788889
Email: onassis@sgagent.com / sgrealtor.com
Skype: incomecare

Singapore Professional Networks “SGProfessional.com”-

I pledge myself to maintain honesty and uphold integrity, to pursue my profession and education so that I may provide my clients with outstanding services. Read More