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Question

Home Financing

Asked by Mr. Tan KG 11 Jun 2013

We intend to purchase a resale flat using bank loan. Can the legal fees and stamp duties included in the bank loan? Pls advise. Thanks.

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3 Answers

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Helen Goh · Answer 1 · 2013-06-11T18:19:10+08:00

Helen Goh

Replied 11 Jun 2013

Hi Mr Tan,

Legal fees and stamp duties are the upfront payment required to be paid by CPF/Cash only.

Bridging loan could also be used for the payment, but interest rate is higher than the bank's home loan.

Do contact me if you need help on the buying process.

Best Regards,
Helen Goh
ERA Realty Network Pte Ltd
CEA Reg No: R050102Z
HP: 98266048
Email:helengoh.property@gmail.com Read More

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Eddie Ng · Answer 2 · 2013-06-11T18:40:56+08:00

Eddie Ng

Replied 11 Jun 2013

Hi KG,

Legal fees and stamp duty only can be paid by CPF/Cash.

Cheers

Eddie Ng
PropNex Realty Pte Ltd
Hotline : 97606502
Email : idealhome77@yahoo.com.sg

*For most of us, buying a home is the biggest single purchase of our life, and selling it is one of the most significant event. It often makes sense to hire a professional real estate agent to assist you* Read More