Whether or not you’ve engaged a realtor to sell your property, it pays to keep an eye on the process. The sale of your home can be a life-changing process; and even a seemingly minor slip-up can become an expensive mistake. In the following, we look at common mistakes among first-time home sellers, and ways to prevent them:
For HDB upgraders or atypical property sales, it’s advised that you use a qualified realtor
Certain atypical properties – such as those in advanced stages of lease decay, walk-up apartments, mixed-use shophouse units, etc. – are tricky to sell without a realtor’s help. The same goes for unusual situations such as having to sell on short notice (e.g., to avoid losing your ABSD remission).
For upgrading, the timing issues can be more complex. It’s possible, for instance, to move only once rather than have interim accommodation; or to avoid situations where you’re serving two home loans at once....