michael8330

是引用 kuanfai 在2006-11-16 16:02:00的发言：

Hi michael, one more question want to ask about the JTC policy to sell a house to its tenant, do you know roughly how long it will take for the transaction to be completed? Is it same as the normal re-sale transactions on the open market (3 months)?

Is it possible for us to pay the loan in advance (提前还款）after we buy the house when we are able to do so? And what are the conditions? How much will it be charged? Since I heard from some friends that to do re-financial, got to pay quite a lot of $.

Thanks in advance :)

Is it same as the normal re-sale transactions on the open market (3 months)?

yes, it will be normal procedure, but cannot submit through Resalenet, only can submit through manual.(by hand)

Is it possible for us to pay the loan in advance (提前还款）after we buy the house when we are able to do so? And what are the conditions? How much will it be charged?

if u are a PR , u will be taking loan from the bank, and bank will have ' lock-in period' (1-3 year) after the lock in period , u will be able to do re-finance. and also some bank have package allow you to pay the loan in advance but cannot  redeem the whole loan (mean u must still have some loan with the bank like at least 10k)

basically buy from jtc is just the same as buy from open market, is only the seller is not the common folk, but just an corporation , now bank also have some hdb to sell , it will be the same.

kuanfai

<div class="msgheader">QUOTE:</div><div class="msgborder"><b>以下是引用<i>michael8330</i>在2006-11-16 22:41:00的发言：</b><br/><p>Is it same as the normal re-sale transactions on the open market (3 months)?</p><p><font color="#ff0000">yes, it will be normal procedure, but cannot submit through Resalenet, only can submit through manual.(by hand)</font></p><p>Is it possible for us to pay the loan in advance (提前还款）after we buy the house when we are able to do so? And what are the conditions? How much will it be charged?</p><p><font color="#ff0000">if u are a PR , u will be taking loan from the bank, and bank will have ' lock-in period' (1-3 year) after the lock in period , u will be able to do&nbsp;re-finance. and also some bank have package allow you to pay the loan in advance but cannot &nbsp;redeem the whole loan (mean u must still have some loan with the bank like at least 10k)</font></p><p><font color="#ff0000">basically buy from jtc is just the same as buy from open market, is only the seller is not the common folk, but just an corporation , now bank also have some&nbsp;hdb to sell , it will be the same.</font></p></div><p>I see....then how about if we loan from HDB? Does it allow to do re-finance? </p>

michael8330

QUOTE: 以下是引用 kuanfai 在2006-11-17 9:24:00的发言：

I see....then how about if we loan from HDB? Does it allow to do re-finance?

if u loan from hdb( only SC family), u are allow to do refinance[ refinance does not mean that u can take out cash money from the hse , for hdb flat , it only allow to do re-finance with the bank, but at this point of time, bank interest rate @ 4% and hdb interest rate 2.6% i don't see any good reason to re-finance] , but u are no allow to convert back to hdb loan once u re-finance with the bank.

jolinblue

<p><strong>michael，我想问一下，是first appointment给完买房的钱还是sencond appointment? </strong></p><p><strong>first appointment的时候需要付什么费用？谢谢</strong></p><p><strong></strong></p><p><strong></strong></p>

jolinblue

<p><strong>michael，下个月2号就要交otp拉，急急急啊！！！</strong></p><p><strong>请推荐个服务好的DBS的banker，还有lawyer</strong></p>

[此贴子已经被作者于2006-11-18 10:52:50编辑过]

michael8330

QUOTE: 以下是引用 jolinblue 在2006-11-18 10:45:00的发言：

michael，我想问一下，是first appointment给完买房的钱还是sencond appointment?

first appointment的时候需要付什么费用？谢谢


是first appointment给完买房的钱还是sencond appointment?

2 week before the completion.

for first appt, u need not to pay anything , just go there and sign all the paper work.

michael8330

QUOTE: 以下是引用 jolinblue 在2006-11-18 10:50:00的发言：michael，下个月2号就要交otp拉，急急急啊！！！

请推荐个服务好的DBS的banker，还有lawyer

no need to be worry , u still have a lot of time.(lof take around 3-5 working day, if u produce all the paperwork, i think with 2 day u will be able to get your lof[letter of offer]) so far the db/posb have come out a good package , the bank tab the interest rate with the cpf , so i still prefer them.http://www.zaobao.com/cj/cj061118_526.html

i have pm u .

flyyskyy

楼主的几句话虽然简单，却概括扼要，一语道出了我们苦想多年的而不可得答案的几个重大问题的根本。楼主就好比论坛的明灯，楼主就好比论坛的方向，楼主就好比论坛的栋梁。有楼主在，论坛的明天必将更好！大师的话真如“大音希声扫阴翳”，犹如”拨开云雾见青天”，使我等网民看到了希望，看到了未来！晴天霹雳，醍醐灌顶或许不足以形容大师文章的万一；巫山行云，长江流水更难以比拟大师的文才！黄钟大吕，振聋发聩！你烛照天下，明见万里；雨露苍生，泽被万方！透过你深邃的文字，我仿佛看到了你鹰视狼顾，龙行虎步的伟岸英姿；仿佛看到了你手执如椽大笔，写天下文章的智慧神态；仿佛看见了你按剑四顾，江山无数的英武气概！！！

kuanfai

<div class="msgheader">QUOTE:</div><div class="msgborder"><b>以下是引用<i>michael8330</i>在2006-11-17 22:22:00的发言：</b><br/><p></p><p>if u loan from hdb( only SC family), u are allow to do refinance[ refinance does not mean that u can take out cash money from the hse ,&nbsp;for hdb flat , it only allow to do re-finance with the bank, but at this point of time, bank interest rate @ 4% and hdb interest rate 2.6% i don't see any good reason to re-finance]&nbsp;, but u are no allow to convert back to hdb loan once u re-finance with the bank.</p><p></p></div><p>Thanks, Michael. Since we are already living in the flat (in case you have forgotton, we are intending to buy a 3-room flat from JTC which we have been renting from it since July), I suppose JTC or HDB won't ask us to move out totally in order to complete the transaction, will they?</p>

michael8330

QUOTE: 以下是引用 kuanfai 在2006-11-22 12:09:00的发言：

Thanks, Michael. Since we are already living in the flat (in case you have forgotton, we are intending to buy a 3-room flat from JTC which we have been renting from it since July), I suppose JTC or HDB won't ask us to move out totally in order to complete the transaction, will they?

u still have a Tenancy Agreement with JTC, it will have an expiry date, by right they will chase out the tenant to prepare the sale , since u already stay inside u can high light this matter with them. and inform that u don't mind to pay the rental until completion.