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Are
You Eligible To
Buy Or Sell?
If you are looking
for Singapore
homes for sale,
you should look
out for two very
important factors
before you sign
on any dotted
lines to avoid
any financial
or legal complications.
Eligibility
To Sell
To ensure that
the seller is
the actual owner
of the Singapore
homes for sale,
you may wish to
request for proof
before purchasing
the property.
Also, in some
cases, the seller
might not be eligible
to sell the property
when the property
is mortgaged to
a bank or if the
seller has lost
money on the sale
and is unable
to pay up on his
bank loan. In
regards to HDB
flats, a seller
must fulfil a
minimum occupation
period before
he is eligible
to sell the flat.
Bankruptcy, too,
affects a seller’s
eligibility to
sell. He is only
allowed to sell
the property with
the written consent
of the Official
Assignee, who
might request
that all payments
be made directly
to the Official
Assignee.
Eligibility
to Buy
The Residential
Property Act as
well as HDB’s
strict eligibility
rules can be confusing
to any first-time
buyer. Luckily,
a good property
agent will be
able to advice
you on this. There
are also restrictions
on foreigners
looking at Singapore
homes for sale.
Looking
For
Singapore
Property?
View2Offer.com’s
comprehensive
Singapore
Property
Quick
Search
allows
you,
tenant
or buyer,
to explore
the
hottest
Singapore
homes
for
sale
and
Singapore
homes
for
rent
with
ease
and
simplicity.
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