Property Selling Tip # 5: Completion of Sales

What if your Buyer requests to delay the Sales Completion date? The Sales Completion date is determined by both the Buyer and Seller when they enter into the Option to Purchase (OTP) contract.The date for the Completion of Sales is usually 8 to 12 weeks from the OTP...

Property Selling Tip #4: Seller Stamp Duty

At the time of this writing, a Seller Stamp Duty (SSD) is applicable for the below situations: (1)    If you property is bought between 30 August 2010 to 12 January 2011, the following SSD applies: 3% of price or market value if the property is sold within the first...

Property Selling Tip #3: Option Fees

When selling your property, do note that once you accept the 1% Option Fee and issue the Option to Purchase (OTP) to the Buyer, you have to fulfill your contractual duty to reserve the unit to be sold to this Buyer. Your Buyer has anagreed upon period of time, usually...