How Much Cash Can we Get?

[eileenlim]

if i have a 3-room HDB flat which was brought at $185k but the valuation now worth $225, does that means the difference i can get in cash?

[lion]

if i'm not wrong, the remaing cash will only be given back to you after minus CPF (with interest) and any other outstanding loan penalties.

lion has stomach pain this morning....

[McMuffin]

You mean when the HDB valuation goes up, I can get cash from the property? How do you do that? I am surely interested

[happylalapo]

this is so funny!


Eileen are you thinking of refinancing???? What question you asking

[eileenlim]

no not refinancing.

why i'm asking this is my relative is selling the house at $470K but valuation is $450K so she is asking that $20K difference is it cash that she can keep?