Property
Looking To En-bloc? Key Financing Issues To Consider If It’s Your First Time
By Stacked Homes  •  April 18, 2021
En-bloc sales aren’t always a pot of gold. For investors or homeowners who are well-prepared, it can be a smooth process; but homeowners, especially those who never intended to move, can find it an inconvenient headache. One of the main timing issues involves the sale proceeds: it could be a while before you receive the money from the en-bloc, and in that time, you still need a new home. We spoke to Mortgage Master, who are home loans specialists, about the key financing issues to address: What’s the main financing issue when an en-bloc sale happens? There are cases where sale proceeds take longer than usual to come in. An example of this is when a developer has agreed to the deal, but wants to complete it further down the line. For example, a developer may not want the new development to...
Read the full article
By Stacked Homes
The Stacked Homes editorial began in February 2017 to provide the latest news and analysis on property in Singapore.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance