AskGuru Q&A Community

Morning Karen,

The HDB officer is right. I would assume that your current unit is purchased with HDB loan. If it's your 1st HDB loan, and you want to perform contra, you can apply for 2nd HDB loan. However, you will be required to utilize 50% of the cash profit, from the sales, before HDB will loan you the balance.
As for the extension of stay, it should be agreed upon, between the buyer and seller, before signing the OTP. The extension period, and compensation, if any, should be negotiated prior to signing the OTP too.
Depending on your requirement, I do bring some of my owners for viewing, while selling their unit, or sell their unit first, and start viewing, once there's potential buyer.
Do feel free to contact me for further assistance.

Thanks.
Mike Lim
 96929209 
ERA Read More

Hi Karen,

As fellow agents have pointed out, I'd like to highlight 1 additional point for your consideration as it involves buy and sell, it would be pretty stressful since you need to ensure that you sell your unit at a reasonable price and ensure that you are able to purchase a unit at a reasonable price within your financial calculations and in time for both transactions to be completed, with necessary renovations and all for your purchased unit done should you be unable to arrange for any alternative accomodation during the transition phase.

I'd be glad to assist you in this and would be available for discussion. Being a resident of Tampines, I believe I am well equipped with knowledge to assist you in your needs.

Geryl LIM
CEA R014783H
Email: lim.geryl@yahoo.com.sg
Mobile: +65-81577565  Read More

Hi Ms Karen,

Based on your enquiry, its best to sit down & speak to an agent whom you are comfortable with. You can speak a few before making your decision.

Briefly on your queries :

1. Only buyers taking HDB loan are eligible for CONTRA Facility.

2. Best to discuss during the meet up with any agent to listen to the option you may.

3. To me, every single transaction is unique. My suggestion is to engage someone who is dedicated & committed will be a better choice.

I have a buyer looking for EA/Em in Tampines staying in 5room flat (high floor corner unit), so it will best if we could arrange for a coffee & discuss on the various option you have in selling your unit with no obligation.

My main concern for all sellers when they sell their flat is that they must have an alternate place to stay after the sale. Can be rental unit or they already bought their dream unit or a place from friends/relatives.

Feel free to drop me a sms/call for further assistance required.

Best Regards,
Jaslin (HSR)
Hp : 8333 9131  Read More

Hi Karen

Contra only can be done if your existing flat no outstanding loan or with HDB loan and buying the next HDB flat with no loan or HDB loan.

I need to meet you up to understand your financial plan and need so can provide solution to you with non obligations.

Rgds
Glen Tay
R010216H
Mobile: 91298885  Read More

Hi Karen,

I have resolved similiar cases like yours before. Such cases really need to have a match, especially like when you buy your next 5I, you must able to get keys earlier and then delayed submission on your units. Else, it is not ideal for you to shift house twice. Furhermore, there will also be the bank loan option to solve.

There are few options how to get out of this case with a perfect timing for you to shift to new house before handle over the keys of your currect house. You may contact me and will share with you, as is too long to write over here.

Please feel free to call me directly for further discussion.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More

Hi Karen,
I hope to be of assistance to you. Will be able to answer all your queries.
Feel free to ring me up at 92700867  for a non obligation discussion.
Best Regards,
Tricia Tan 65 92700867 
Propnex Realty Pte Ltd Read More

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

----------------------------888--------------------------------888--------------------------->>>

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT : ）

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More