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Is it possible to incur a debt of 150K after selling a 5-room e flat at a loss?
The owner may have have been declared bankruptcy and was force to sell their only asset which was the house. But how is it possible to still owe HDB that much?
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3 Answers

Aaron Chong
Replied
Hi Halim,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, I can’t give you the exact answer without knowing the financial calculations.

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Replied
Hi,

Yes, it is possible if the valuation drops way below what was being owed to the Banks.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans. Please get in touch with me for a more in-depth discussion.

Should you need require 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
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Taufik Hussein
Replied
Hi

In order to advise further, I will need more details on this case. I am specialised in HDB transactions. Do contact me at 93375051  for a free and non obligatory discussion on this.

Regards
Taufik Hussein
CEA Reg No: R061607B
Contact No: 93375051 
ERA Realty Network Pte Ltd Read More
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