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DBS targets HDB flat buyers with new home loan

DBS targets HDB flat buyers with new home loan

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desmondxyz Offline
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#11
18-08-2014, 07:53 PM (This post was last modified: 18-08-2014, 07:55 PM by desmondxyz.)
(18-08-2014, 07:40 PM)Jack31 Wrote: Hi all,
any1 knows how the 1.8k rebates work?
I was just deduct $200+ for the valuation fee from my bank account.
Will the legal fee be paid in cash as well?
Do they rebate us in cash or through deduction of the outstanding housing loan.
VBs help help! Sad

1.8k rebate will be credited to ur designated account in cash.

The legal fee 1.6k can be paid by cash or CPF, ur choice.
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Jack31 Offline
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#12
18-08-2014, 10:41 PM
(18-08-2014, 07:53 PM)desmondxyz Wrote:
(18-08-2014, 07:40 PM)Jack31 Wrote: Hi all,
any1 knows how the 1.8k rebates work?
I was just deduct $200+ for the valuation fee from my bank account.
Will the legal fee be paid in cash as well?
Do they rebate us in cash or through deduction of the outstanding housing loan.
VBs help help! Sad

1.8k rebate will be credited to ur designated account in cash.

The legal fee 1.6k can be paid by cash or CPF, ur choice.

Oh.. Thank you very much. Sounds weird, pay by cpf rebate in cash. But it's goodSmile
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desmondxyz Offline
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Posts: 609
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#13
19-08-2014, 08:25 AM
(18-08-2014, 10:41 PM)Jack31 Wrote:
(18-08-2014, 07:53 PM)desmondxyz Wrote:
(18-08-2014, 07:40 PM)Jack31 Wrote: Hi all,
any1 knows how the 1.8k rebates work?
I was just deduct $200+ for the valuation fee from my bank account.
Will the legal fee be paid in cash as well?
Do they rebate us in cash or through deduction of the outstanding housing loan.
VBs help help! Sad

1.8k rebate will be credited to ur designated account in cash.

The legal fee 1.6k can be paid by cash or CPF, ur choice.

Oh.. Thank you very much. Sounds weird, pay by cpf rebate in cash. But it's goodSmile

Hehe.... Sounds good right? But don forget CPF is not stupid either, they will 'charge' u interest as you need to put back the money when u sell ur property with accrued interest....there is no free lunch ...Big Grin
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corydorus Offline
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#14
19-08-2014, 09:07 AM
(19-08-2014, 08:25 AM)desmondxyz Wrote:
(18-08-2014, 10:41 PM)Jack31 Wrote:
(18-08-2014, 07:53 PM)desmondxyz Wrote:
(18-08-2014, 07:40 PM)Jack31 Wrote: Hi all,
any1 knows how the 1.8k rebates work?
I was just deduct $200+ for the valuation fee from my bank account.
Will the legal fee be paid in cash as well?
Do they rebate us in cash or through deduction of the outstanding housing loan.
VBs help help! Sad

1.8k rebate will be credited to ur designated account in cash.

The legal fee 1.6k can be paid by cash or CPF, ur choice.

Oh.. Thank you very much. Sounds weird, pay by cpf rebate in cash. But it's goodSmile

Hehe.... Sounds good right? But don forget CPF is not stupid either, they will 'charge' u interest as you need to put back the money when u sell ur property with accrued interest....there is no free lunch ...Big Grin

Lucky HDB do that else it will be a loophole. I aren't going to pay extra tax for people who no save for retirement.

Just my Diary
corylogics.blogspot.com/


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