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 Sell property, Seek advice about sell property

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mini orchard
post Sep 25 2020, 05:41 AM

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QUOTE(Meow~ @ Sep 25 2020, 12:57 AM)
Hi, I’d like to seeking advice from property expertise here.
I’ve purchased my first home in condominium that going to be completed in coming 2023 with bank loan of course. However, due to certain reason, can I sell off my condo after 3 years of stayed? Without finish paying the bank loan. Am I allowed to do so?
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Why only after 3 years ? .... it can be sold anytime after vp .... some loan may have lock-in period interest penalty but that shouldnt be a problem if you agree to pay off.

Nowadays, especially condos, price seldom appreciate during vp and even it does, is only minimal. Those who sold will normally incurred net loss after minus cost, interest and expenses.

This post has been edited by mini orchard: Sep 25 2020, 05:41 AM

 

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