Asked by Anonymous
I'm currently staying in a HDB flat that is fully paid off. I'm interested to purchase a condo that is going to TOP in 2017.
I intend to sell off the HDB flat to help pay for the condo so that the loan amount will be lesser. But I can't sell until the condo is ready to move in.
If going by progressive payment scheme, the condo need to be paid off in full at TOP, is that correct? Does that I mean I have to take loan for 80% of the condo price, and then refinance the loan after selling my HDB?
I intend to sell off the HDB flat to help pay for the condo so that the loan amount will be lesser. But I can't sell until the condo is ready to move in.
If going by progressive payment scheme, the condo need to be paid off in full at TOP, is that correct? Does that I mean I have to take loan for 80% of the condo price, and then refinance the loan after selling my HDB?
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