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Phantom

Anyone Has Experience On Buying Hdb Where Seller Is Divorce Case?

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I like to have things trashed out before hand, if one of the party needs to stay for a short while and I can afford that to them, then yes. If not, then i'll tell them straight away before they accept my offer.

Ultimately I don't want to go to the extent of having the neighboorhood friendly police officer evict out my seller(s)

:good:

 

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Hmm ...

My agent commission is 1% of (Valuation + COV). Isn't it the norm?

lol... yes.. but i was pointing to the fact the COV itself doesn't go into the agent's commission.

every 5k cov is only $50 dollar worth of commissions..

 

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Hi Phantom, i'm facing similar problem. i wan to buy a flat but one owner agree and the other owner refuses. the one staying the the flat refuses to let the valuer go in. so did u manage to buy that flat in the end?

 

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i believe each divorce sellers have their own story and reason. each case has it unique situation. years back, when my parents filed for divorce and the processed was completed. my father was very much eager to sell the flat (at central location) but my mother was not ready. reason being, she has to look for alternate place for herself, myself and 2 of my sisters within a short span of time. and because my father kept pressing on us, his agent and the buyers took advantage of the situation and pressed on my mother. i still remembered the seller and his agent threaten my mum that she will never get the best offer from other as he had offered if she still not willing to sign on the dotter line. being uneducated lady with limited market knowledge, limited saving, and need to support 3 of her teenagers, what can she do? we ended up stay at 2 different places till we found our own flat at the resale marker. anyway, forgive and forget and we moved on.

anyway, that's was many years back. now, more and more people are aware of market. so, i believe those divorce couples will know how to make wise decision in their situation.

 

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