Asked by Jay Lau
My gf 33yo has a 3 room HDB flat through special appeal which she co-owns with her mother, and there is another occupant which is her sister. Mother is around 55yo, sis is around 30yo.
Bank loan taken solely by my gf. They don't have enough to pay for flat in full, and i don't think her mother can take loan from bank at her age correct?
I am 37yo this year and can buy my own hdb. We are planning to get married soon, but that means my gf has to transfer ownership to either her mom or sis, if we want to get our own place. If she do that, can she still use her name to do bank loan for that unit, even though is now under her mom/sis name?
In general a rather complex situation, there might be some solutions, but i don't know enough here and there to make an informed plan of action. Anyone able to shed any light or any suggestions how we can proceed?
Any ideas are welcomed and can go into our consideration.
Thank you so much in advance for any suggestions!
Bank loan taken solely by my gf. They don't have enough to pay for flat in full, and i don't think her mother can take loan from bank at her age correct?
I am 37yo this year and can buy my own hdb. We are planning to get married soon, but that means my gf has to transfer ownership to either her mom or sis, if we want to get our own place. If she do that, can she still use her name to do bank loan for that unit, even though is now under her mom/sis name?
In general a rather complex situation, there might be some solutions, but i don't know enough here and there to make an informed plan of action. Anyone able to shed any light or any suggestions how we can proceed?
Any ideas are welcomed and can go into our consideration.
Thank you so much in advance for any suggestions!
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