jonnat 0 Report post Posted October 30, 2008 Hi, i have some queries tat i hope someone can help me. Scenario: If i bought a resale flat for 200k. The valuation is 300k. i intend to sell it away as moving to a new hdb flat. how much can i get back? what are the things that i need to pay? let say i used 100k from cpf and using a bank loan?Do i need to pay the outstanding bank loan or paid by the buyer? thank you! hope someone can enlighten me. Share this post Link to post Share on other sites
tea 0 Report post Posted October 30, 2008 Hi, i have some queries tat i hope someone can help me. Scenario: If i bought a resale flat for 200k. The valuation is 300k. i intend to sell it away as moving to a new hdb flat. how much can i get back? what are the things that i need to pay? let say i used 100k from cpf and using a bank loan?Do i need to pay the outstanding bank loan or paid by the buyer? thank you! hope someone can enlighten me. simple calculation on what you can get back. Selling price - (what you paid from CPF + interest) - (outstanding loans from bank) = balance There are still stamp fee, levy (if you had taken grant for the current flat), legal fee, admin charges etc. You can get hdb to give you the estimated amount by calling their hotline. Share this post Link to post Share on other sites
