C2: Updated HDB Resale Policies Pertaining to Buying (C2L1S0204)

Credit Hours
2 Core Hours

Course Synopsis

CPD Courses Synopsis:
This core CPD course examines the updated HDB resale policies relating to the resale of HDB flats in order to facilitate a smooth transaction. We will discuss buyer’s eligibility to buy a resale flat in the open market as well as eligibility for concessionary loan and CPF Housing Grant. We will also look at the checklist for buyers and their financing process, with a detailed discussion on the sources of fund, transaction costs and financial calculations. We will then conclude the session with a HDB case study discussion.

CPD Course Objectives:
– Ascertain whether the prospective buyer meets all qualifying criteria to purchase a HDB resale flat
– Ascertain whether the prospective buyer is eligible to buy under which HDB Eligibility Scheme
– Go through all the items in the Resale Checklists with buyer and know the procedure to complete and endorse the Checklist
– Advise the prospective buyer on their eligibility conditions of applying for HDB concessionary loan
– Explain to the prospective buyers the procedure for applying for HDB Loan Eligibility Letter (HLE)
– Advise the prospective buyers on the bank loan requirements and the cash out front
– Explain the requirements of Home Protection Scheme (HPS)
– Advise prospective buyers on their eligibility criteria, rules and conditions of applying for the various CPF Housing Grants
– Assist the prospective buyers to assess their financial status and the total cash required before buying a property

Course Details

26/07/2017 7:00 PM
26/07/2017 10:00 PM
C & H Properties Pte Ltd
Training Room at 490 Lorong 6 Toa Payoh
#06-11 HDB Hub
Singapore 310490
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