May 2019



Cash out your property without selling it via Home Equity Loan

What is home equity loan? Home equity loan, or called, property equity financing, is a lump sum loan you can secure from the banks by using your equity in your property as collateral. The property can be an executive condo after MOP, private condo, private landed property or commercial property, but not HDB.The amount of loan you can get from the bank depends on the value of your property at the


Process To Buy Resale Private Residential Properties

 1. Determine how much you can afford.    cash + CPF A/C + bank loan (should have an Approval-In-Principle from a bank). 2. Go property hunting with your agents. 3. Make an offer by passing to the seller an Offer To Purchase and a 1% cheque. In exchange, the seller should issue to you the Option To Purchase (OTP) in response to your Offer To Purchase. 4. Apply for the bank loan. Sign

投资买房,应该买永久地契的,还是99 年的?

Which to invest, freehold or 99-year property ?

 What is freehold property? and 99-year property? Freehold and 99-year means the tenure of the land on which the property stands on. Freehold, in plain English, means the tenure of the land is unlimited. As for 999-year property, its value makes no difference from the freehold, so it is usually considered as freehold. As for the 99-year, when the developer purchases a piece of residential land from the government, the

谁可以直接向建屋局买新 HDB 组屋?

How much cash you will get after selling your HDB?

Sellers often ask me this question: how much cash will I get after selling my HDB unit?This depends on whether you have fully paid up your home loan, on how much CPF you have used, and of course also depends on your selling price.The following process tells you where to check the relevant data and how to calculate. Let’s suppose this HDB unit was bought by the husband and wife

Why you fail TDSR and how to avoid

For some property buyers, they believe they are financially strong, but when the apply for home loan, they unexpectedly fail the TDSR test.Many people don’t aware that they may fail the TDSR test in a few ways: 1. You have bad credit.The main reason why loan applicants are rejected is due to bad credit.You know what it means. You have that bad habit of not paying your credit card bills on

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