First Time Home Buyer News

Common Misconceptions First Time Homebuyers Have When It Comes To Buying an HDB Flat

Buying an HDB resale unit without an agent can definitely be done swiftly while you save thousands of dollars from your pocket on agent fees. Here are the 6 Steps to Buy Your HDB Without an Agent Step 1: Register your Intent to Buy

5 Things Every First-Time Home Buyer Needs to Know They could need to raise money for things such as buying a house. Townsend is the co-president of the home meridian. 5 Things Every First-Time Home Buyer Needs to Know By Jamie Wiebe | Feb 13, 2019 Here’s what every first-time home buyer needs to know to dive into house hunting with confidence-and with as few.Multigenerational Homes Are on the Rise – Jessica Couch How the rise of multigenerational living is changing the way we build housing. The rise of multigenerational. privacy was the No.1 issue for people living in a multigenerational home. Photo.

Don’t worry if you haven’t found a buyer for your HDB flat yet. You pay ABSD first then get a refund if your flat is sold within 6 months. If you’ve sold your HDB flat by then, you don’t have to pay ABSD since this is not your second property. You’ll have 8 weeks from signing S&P to pay the rest of the downpayment.

First-time home buyers can choose to buy a flat directly from HDB at a subsidised rate, or a resale flat from the open market with the help of housing grants. Generous subsidies and grants provided by the Government further ensure that ownership of an hdb flat remains affordable and continues to be within reach of home buyers. 90 percent of first-time home buyers buy their flats directly from HDB at a subsidised rate.

Be Aware Of The Lease On Your Dream HDB Resale Flat. Having explained some of the pitfalls of a short lease, Heartland Boy hopes that future home buyers would sign the Option Agreement with heightened awareness of the leasehold concept.

In its statement released on 7 December 2018, the HDB clarifies that BTO application rates for first-time homebuyers on three-room HDB flats and larger have remained the same in all estates, with an average of two applications for each bto flat released. hdb adds that most Singaporean families who apply for their first HDB in the non-mature.

The common bedrooms can generally accommodate a queen bed. Going with a single bed however, frees up more space. The common bathroom comes with. Now, you have to be careful with the LRT, especially.

Mr tan chong hock shares his experiences of buying his first HDB flat in the 1970s. In fact, he still keeps the original receipt! What’s your fondest HDB mem.

Time Line for Buying Condominium first and sell HDB later. Info-graphic 2: Buy Private Condominium First then Sell HDB Later, Inputs from ascentsia law corporation, iCompareLoan.com. The info-graphic 2 shows you the time-line for buying a condominium first and selling a HDB flat later.