When you purchase a private property, one of the first things your law firm will do for you after you've exercised the Option To Purchase (OTP) is to lodge a caveat. This is mostly a "behind the scenes" event for most buyers, but it's more important than you'd think. On top of that, a caveat can sometimes be a good.
Ever since 2019, HDB upgraders have made up the bulk of private home buyers. A combination of rising demand, with record-high resale flat prices, has further made the past two years seem like an ideal time for those seeking condo ownership. However, an upgrade may not be as simple as "just sell and then buy". Here are some common financing.
With a slew of policy tweaks over the past decade, the property market in 2022 is almost unrecognisable to those who bought in 2012 or earlier. One common gripe we hear is that long-term plans, laid out over 10 or 15 years, have now been derailed by factors such as ABSD and TDSR. Whether you're returning to the property market.
Whether or not you’ve engaged a realtor to sell your property, it pays to keep an eye on the process. The sale of your home can be a life-changing process; and even a seemingly minor slip-up can become an expensive mistake. In the following, we look at common mistakes among first-time home sellers, and ways to prevent them: Certain atypical.
In light of new cooling measures, and an ever-changing property market, we’ve put together a new preparation list. Whether you’ve already shortlisted properties, or are just beginning to look, the following will help create a smooth transaction. Above all, look out for timing issues, option dates, and pre-approved loans, to minimise the risk of costly mistakes: It’s ideal to start.