Published: 5 Feb 2019 in Online Marketplaces
Singaporean proptech marketplace, Ohmyhome has announced a new service that offers three unique features. HDB Sellers Package is for home sellers who are looking to buy and sell at the same time within a short period.
The package will comprise of agent services, conveyancing and mortgage advisory as it aims to help home sellers navigate the process of selling to their home to their next property purchase.
“It has become increasingly common for home sellers to be unaware of certain financial considerations that are necessary as part of the sale, which leads to a miscalculation of the net sale proceeds,” the firm said.
For instance, if a seller previously used the funds in their Central Provident Fund (CPF) account to contribute to the property’s mortgage or down payment, there would be accumulated accrued interests owed to the seller’s CPF account.
Eager to check out Ohmyhome’s HDB Sellers Package?