xx, T ❤

❝ When we love, we always strive to become better than we are. When we strive to become better than we are, everything around us becomes better too. ❞
❤ Our buying of Resale house journey, self-employed. Friday, March 4, 2016 @ 8:51 PM Lengthy wordy post ahead because ni problem besar betul and will be straight to the point. Lol! It started late September 2015. I saw a Jumbo house near my mom's going for a very good price, I decided to apply for HLE (aka HDB loan) and the process for self-employed people is very tedious. We only managed to get $246,000 HDB loan which is only enough for us to buy a 3room flat. Reason was my husband's bank statement did not match with what he declare as his income. I was extremely pissed but sad! According to their calculator online, we were supposed to get more than $568,000 loan. I sent in a request for a bigger loan and we got rejected. We decided to ask our MP for help, we received a letter a few days later requesting for our bank statement for the next 3 months. fast forward 3 months which is January we sent in October to December's statements. We received a letter and they asked for January's too. So we sent in January's and got a sms to check our MyHDBpage a few days later with good news, they grant us $350,000 loan which is enough to get a 4room at my mom's area. They CC-ed our MP too, Thank You Dr Maliki! Tips for self-employed first timers: Please have 12 months of bank statements (main business and savings account) ready, missing a month will delay the process. If you have 2 bank accounts, submit ALL months for BOTH accounts. You may need to go to the post office to retrieve them, or you can check through I-banking online and see which months are missing. Show the account where most of your savings is in. Have atleast 12months of FIXED savings, it acts as a replacement for your CPF if you don't contribute monthly like us. It's pointless to earn $8000/month without any fixed savings! Have your income tax papers ready, atleast 1 year will do. Jadi tuan tuan dan puan puan, nak beli rumah mesti agak-agak sikit. First time beli rumah, beli je 3 bilik ke 4 bilik dah cukup. Tapi kalau kau ada duit, gaji below $12,000, beli la kau Jumbo. Jangan nak angan angan macam aku, end up dapat Jubo. HAHAHAHA. Pelan pelan kita upgrade. Mana tahu next Condominium. Insha'Allah. HEHEHEHE. FLIPS PAGE NEXT CHAPTER I've been searching for a good Agent while waiting for our HLE to be approved. We wanted to DIY but we are not smart enough, HLE aje dah stress babe, kau nak aku diy lagi. Kirim salam aje! Before you start to contact agent to view houses, please apply your HLE first. There are many cases of direct buyers wasting agents and sellers time. Paling penting, how do you know which house you can afford if you don't have your HLE? We decide to engage Nona Kirana (facebook here) and it was a good decision! She's super friendly and easy to communicate with. Definitely recommend her! She fast with everything and will submit your papers the very next day, setting appointments with her is super easy too. We only went to 2 viewings with a total of 7 houses, I've heard people who went to almost 30 houses, but we knew this is THE ONE the moment we stepped in. You know how we always say some agents only think of the 1%? She is definitely not like that, she will negotiate the lowest price we can get and find us a seller who ask for low deposit. I have another PLUS point to say about her but it's personal. Even my mom likes her, and it's not easy for her to puji someone okay. Anyway, here is our timeline from first meet up, viewings, option to purchase, exercise the option to purchase and booking the first hdb appointment. Everything could have been faster but my off day is only on Monday, it wasn't till I decided to close an additional day and sacrifice my sleep on weekends. Lol! All paperwork and appointments will be done by the agent. All we did was viewed houses, sign few papers for option to purchase and transfer the first + second deposit to the sellers. So now we're waiting for our very 1st HDB Appointment, which is not so soon because both sellers and us will be away during the earliest available dates. We're fine with that since kita tak mahu dapat rumah time Raya, our sellers asked for 1month extension after completion date so yeah, bagus, more time for us to save money. Hahahahaha. If you need know anything, email me and Insha'Allah I can help: tashasari@gmail.com Labels: Self-Employed, TxAhousejourney 0 Comments: Post a Comment older post ►	NATASHA Business Owner Blissfully Married. Our Honeymoon in Maldives
made with love, ayemrawi

❤ Our buying of Resale house journey, self-employed.

Friday, March 4, 2016 @ 8:51 PM

Lengthy wordy post ahead because ni problem besar betul and will be straight to the point. Lol!

It started late September 2015. I saw a Jumbo house near my mom's going for a very good price, I decided to apply for HLE (aka HDB loan) and the process for self-employed people is very tedious. We only managed to get $246,000 HDB loan which is only enough for us to buy a 3room flat. Reason was my husband's bank statement did not match with what he declare as his income. I was extremely pissed but sad! According to their calculator online, we were supposed to get more than $568,000 loan.

I sent in a request for a bigger loan and we got rejected. We decided to ask our MP for help, we received a letter a few days later requesting for our bank statement for the next 3 months.

*fast forward 3 months which is January* we sent in October to December's statements. We received a letter and they asked for January's too. So we sent in January's and got a sms to check our MyHDBpage a few days later with good news, they grant us $350,000 loan which is enough to get a 4room at my mom's area. They CC-ed our MP too, Thank You Dr Maliki!

Tips for self-employed first timers:

Please have 12 months of bank statements (main business and savings account) ready, missing a month will delay the process. If you have 2 bank accounts, submit ALL months for BOTH accounts. You may need to go to the post office to retrieve them, or you can check through I-banking online and see which months are missing.
Show the account where most of your savings is in.
Have atleast 12months of FIXED savings, it acts as a replacement for your CPF if you don't contribute monthly like us. It's pointless to earn $8000/month without any fixed savings!
Have your income tax papers ready, atleast 1 year will do.

Jadi tuan tuan dan puan puan, nak beli rumah mesti agak-agak sikit. First time beli rumah, beli je 3 bilik ke 4 bilik dah cukup. Tapi kalau kau ada duit, gaji below $12,000, beli la kau Jumbo. Jangan nak angan angan macam aku, end up dapat Jubo. HAHAHAHA. Pelan pelan kita upgrade. Mana tahu next Condominium. Insha'Allah. HEHEHEHE.

*FLIPS PAGE*

I've been searching for a good Agent while waiting for our HLE to be approved. We wanted to DIY but we are not smart enough, HLE aje dah stress babe, kau nak aku diy lagi. Kirim salam aje! Before you start to contact agent to view houses, please apply your HLE first. There are many cases of direct buyers wasting agents and sellers time. Paling penting, how do you know which house you can afford if you don't have your HLE?

We decide to engage Nona Kirana (facebook here) and it was a good decision!
She's super friendly and easy to communicate with. Definitely recommend her! She fast with everything and will submit your papers the very next day, setting appointments with her is super easy too. We only went to 2 viewings with a total of 7 houses, I've heard people who went to almost 30 houses, but we knew this is THE ONE the moment we stepped in. You know how we always say some agents only think of the 1%? She is definitely not like that, she will negotiate the lowest price we can get and find us a seller who ask for low deposit. I have another PLUS point to say about her but it's personal. Even my mom likes her, and it's not easy for her to puji someone okay.

Anyway, here is our timeline from first meet up, viewings, option to purchase, exercise the option to purchase and booking the first hdb appointment. Everything could have been faster but my off day is only on Monday, it wasn't till I decided to close an additional day and sacrifice my sleep on weekends. Lol!

All paperwork and appointments will be done by the agent. All we did was viewed houses, sign few papers for option to purchase and transfer the first + second deposit to the sellers.

So now we're waiting for our very 1st HDB Appointment, which is not so soon because both sellers and us will be away during the earliest available dates. We're fine with that since kita tak mahu dapat rumah time Raya, our sellers asked for 1month extension after completion date so yeah, bagus, more time for us to save money. Hahahahaha.

If you need know anything, email me and Insha'Allah I can help: tashasari@gmail.com

Labels: Self-Employed, TxAhousejourney

0 Comments:

Post a Comment