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Home Financing

Asked by Anonymous 28 Jun 2017

Me and husband both PR and we have total 160k of cpf, but shortage of cash. We planning to buy resale 4room unit at budget 350k, will we have any issue on that?

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Gavin Ng · Answer 1 · 2017-06-29T10:43:09+08:00

Gavin Ng

Replied 29 Jun 2017

Hi

You may want to address your question to gavin.ng@orangetee.com.

Regards

Gavin Read More

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Mike Lim · Answer 2 · 2017-06-29T15:41:52+08:00

Mike Lim

Replied 29 Jun 2017

Good afternoon,

If you are looking at getting a unit at $350k, you will need at least $40k cash on hand for the 5% down payment, ABSD and option Exercise fee. Other cash component would include insurance, admin fee, valuation report, property tax refund, commission fee, etc.

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

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

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