Dear ALL,
I'm married with a 3 years kid. Just got the new flat for few mths. After checked with HDB that if we stay less than 5 yrs and proceed to divorce we have to surrender the flat to HDB with lower market value. Which mean that once the HDB take over the flat my portion have to pay the outstanding loan included the CPF, so mean I have to folk out additional money to pay the outstanding, so will be in debt.
Kindly advice anyone encounter at this situation to give any other good solution?
I'm married with a 3 years kid. Just got the new flat for few mths. After checked with HDB that if we stay less than 5 yrs and proceed to divorce we have to surrender the flat to HDB with lower market value. Which mean that once the HDB take over the flat my portion have to pay the outstanding loan included the CPF, so mean I have to folk out additional money to pay the outstanding, so will be in debt.
Kindly advice anyone encounter at this situation to give any other good solution?