This write-up was reproduced with permission from Ray’s Estate Clinic, written by Founder, Raymond Chng. Please refer to the end of the article for more information on Raymond.
Don’t sell your home before you know what you intend to buy.
The worst thing you can do is to sell your property and become stranded because you don’t know what to buy, and even after finding for some time, you still don’t have any target property to wait for units at.
A) You won’t want to experience what this blog follower did…
A blog follower who contacted me earlier this year had a heart racing experience. His family sold their landed because their then agent said landed prices were at a high and they should split into buying 2 new condo units for own-stay and investment.
The agent assured them that they will be able to find a new condo they like but should just start selling first....