3 Answers

YT Tan (陈永达)
Replied
Afternoon Victor, Yes you have to pay COV if valuation is lower than agreed purchase price. HDB will loan you up to 90% of property's valuation while 10% will be paid fully by CPF. Excess CPF funds will be used to pay buyer's stamp duty, legal fees and to reduce housing loan. Do bear in mind other than COV, other cash outlay will be resale submission, agent's commission and valuation fee. Hope it helps. If you need assistance in your property purchase, feel free to contact me. Cheers! YT Tan ECG Property 9111 5171  Yt.lovelyhomes@gmail.com Read More
0
Upvote Upvoted
Mike Lim
Replied
Afternoon Victory, Loan component will only cover the sum within valuation. Anything above the valuation will have to be paid by cash. FYI Mike Lim 96929209  m52i@yahoo.com ERA Read More
0
Upvote Upvoted
Koh Zhen Hon
Replied
Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

Why Should Sellers/Landlords engage me? Contact me @
8 2 7 9 8 3 2 7

Questions Like .. Review ...
Recommended
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Shalom

Blessed , Regards

Koh Z H - Agt
hp- 8 2 7 9 8 3 2 7
Cea Reg - R 0 5 7 8 1 0 C
Orangetee - L3009250K
AAG Team Agent

***Recruitment Agt Welcome

My propertyguru Commercialguru Site

Welcome owner/Landlord to list through us

Residential , Commercial , Industrial
Room Rental Welcomed too Read More
0
Upvote Upvoted