AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
My husband is a co-owner in his parent's HDB. We tried to take his name out by replacing him with his younger brother, but the HLE was rejected, on the grounds that the family may not have the means to finance. His father is 67yo bankrupt, working ($3000/mo), and paying the monthly mortgage. His mother is around 58yo, earning about 1500/mo doing odd jobs while his brother(21yo) is doing part-time jobs while waiting NS. My husband does not contribute to the mortgage (cash/cpf).

I'm not sure his family can get a bank loan given above conditions. Is there any way for us to appeal HDB's decision, or is private property my husband and my only choice to owning our own home?
0 •
238 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

3 Answers

Mark Ng S W
Replied
Nicholas Thang
Replied
Hi,

There are other details that i will need to check with you pertaining the issue that you are facing.

Drop me a message @ 8118 4108  and i will get in touch with you to see how i can assist you in this.

Regards,
Nicholas Read More
0
Upvote Upvoted
Robbie Chen Chee Howe
Replied
Hi Mdm,

I supposed your objective is to avoid paying hefty ABSD for your matrimonial home purchase? I think there might be another way, but I will need to find out more details from you before I can advise further.

I am experienced and well-versed in both private and HDB resale transactions. I will be able to assist you. 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
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions