yes. done that before.
This is a discussion on Sell HDB before MOP within the HDB, DBSS, Executive Condominium Discussion forum, part of the Home Planning Forum category; Hi Anybody out there appeal to HDB before to sell their flat before MOP??...
Anybody out there appeal to HDB before to sell their flat before MOP??
yes. done that before.
I got appeal for HLE but failed.
I also appeal for valuation cos extremely low, also failed.
how is the procedure like? how long does it take to be approved?
sorry.. was busy with work....
anyway... you have to go to your town council for the appeal...
tell them your reasons. my reason that time was overseas posting, and i stay for only 3 years.and of cos's, you must support your appeal with supporting document.
that's long... any way thanks almond
Uncle, you sure it was town council ... & not your HDB Branch Office?Originally Posted by almond
If they actually approved your request based on "overseas posting", I must say you got lucky ... usually, "overseas posting" only qualify for "approved to rent out entire apartment while you are away".
Originally Posted by wenzIn such cases of appeal, always seek endorsement from your MP first ... with their backing, your chances of appeal will be higher.Originally Posted by Angelmum
Even after your initial appeal failed, it is still not too late to go see your MP ... they will do nothing but help, especially under current economic climates.
For valuation matters, it's very subjective ... depending on which consultancy HDB pass on your request to.Originally Posted by wenz
When you say "extremely low", how much is it off your expectations? Have you actually checked on recent valuations for similar properties in your neighbourhood?
Valuations will be valid for 3 months only anyways, so just pay again to get another one done ... but this time round, seek some professional help on how to prepare your place better for a higher valuation.
By "professional help", I mean a good real estate agent ... which you would need anyways, to help market your place aggressively to get a good selling price.
Sorry if you find me nosey ...Originally Posted by huge
But, even if you could sell your flat right now, you still need to attract a buyer which could be another couple of months ... & even if there is an immediate buyer, it will be roughly another 3 months before you see the money ... & that is assuming there is excess after redeeming your CPF usages & housing loans.
So, 1-2 months to consider your appeal is not exactly that long ... more significantly, if you need to sell your flat to tide over some kind of financial crisis, it's not gonna be the quickest means.
Instead, you might wanna consider other options ...
i am selling my flat because my mother in law is taking care of my kids.. 2 have 2 kids one in P3 and another 2years old. its quite tiring for the elderly to travel up and down everyday. so we decided to appeal... no choice...
not everyone sell flat to earn money...
In that case, what about selling mother in law's flat ... incentive being she can keep the money from the sale for herself as retirement?Originally Posted by huge
If mother in law does not solely own her flat, then I guess appealing is your only way out ... but bear in mind that the authorities will hafta be very particular about supporting any appeals, otherwise they may end up opening a big can of worms for other people to exploit.
If you can prove that you are not making money, taking into consideration inflation rate ... then this could well be your main argument for the appeal. Better still, if you actually end up losing money ... even if it is just aper lossed to your CPF funds.Originally Posted by huge
Prepare a statement of such calculations for the MP when you go seek their help ... the more prepared you are (in terms of stats & facts), the less excuse they have for not supporting you.
If you had been in the queue before, it is not difficult to see some of these so-called grassroots people are nothing more than pompous assholes who like to flaunt their "relationship" with the MP.Originally Posted by Angelmum
From my own experience, you can easily insist on speaking to the MP only ... provided you have prepared your case well, in terms of stats & facts. I even took the opportunity to remind my MP that her own grassroots clowns may well cause her more than a few votes, which has totally nothing to do with her even.
2 weeks after i send an appeal.. i have got a confirmation from the HDB.... Thanks for all your reply
i called and sms no reply??...pls reply me asap..thanks!!!