AskGuru Q&A Community

Dear sir,

All home purchases requires cash up front regardless of buying above or below valuation. You may wish to see if any of your family can help with the up front cash required.

You will also need to ensure that you are eligible for housing loan to finance the purchase before making any commitment.

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

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

Visit and Like my facebook page at https://www.facebook.com/propertyblogshop/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

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

Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

G.A Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Read More

Afternoon,

For all purchase of residential unit, cash component is an essential. Option and exercise fee will definitely be made using cash. If you are getting 80% bank loan, down payment of 5% will have to be cash. Should the unit's purchase price is higher than your approved loan amount, cash payment will then be required. If your first unit sold was using a HDB loan and you intend to get another HDB loan, you will need to prepare 50% of the cash proceed, along with all your CPF monies, before HDB will loan you the approved balance. Hence it would be good to work on the feasibility assessment before moving forward.

Do feel free to contact me should you require my assistance.

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