Maths calculation related to hdb matters!!!

[Johnbass]

Originally Posted by guess67

I just settled the house, interest need to be included when returning the cpf back to individual acct.

Guess!
GXGX!
Miss u leh!

[tannn51]

Your brother will not listen to us. You should settle with him at court

[Weixiaoba0]

Originally Posted by Jess76

I go hdb alr, they said the cheque will be issue to four names, how u all count is need to go ask lawyer, if fight is ar 10-20 k lawyer fees, I went lawyer too and paid 360 an hour.

Actually U call any agent they can just calculate for you. I doubt HDB will tell u how to count.
U said u pay 37k (with interest) with CPF plus 58k cash
Your bro 167k(with interest)

Which means 95k u paid your bro 167k paid!
I don't know after which. How come become another amount!!!
On paper does not reflect how much cash U paid.
If you said hdb said four cheque I believe is "joint tenant by both couple.

So the main point U have to settle with your bro on how much u can take.
"Join Tenant" standard is divide according to the owner evenly no matter who pay more.
Based on valuation if u get there should be more then 500k cash proceed. Should be enough to buy another hse

And u spend 360 on lawyer. The lawyer must be smiling.

"Joint Tenant" is a strong holding word

Hope it help

[PPGirl]

Settle the matter calmly than to waste time n money go court.
Many times sibling/close ones relationship turn sour cos of money issue.

[Max77]

Originally Posted by PPGirl

Settle the matter calmly than to waste time n money go court.
Many times sibling/close ones relationship turn sour cos of money issue.

Gd answer....

TS,
Drag the matter a bit. Let time calm the 2 of u down little first ba. Same like fierce divorce law sue. Losing the whole matter might cost u cheaper than lawyer fee lor.

[LimDion]

Actually i am more curious to his HDB. 750k sia

[ZapHim2Negative]

You should zap him to negative

Originally Posted by LimDion

Actually i am more curious to his HDB. 750k sia

[i32DD]

Originally Posted by i32D

There was a gang bang!

history repeated?

[Jess76]

accrued interest = AI
outstanding loan = Osl
(House bought at 2001 dec at 236900)
Loan 150k for 30years, shd be end at 2031 dec!

BRO
137,000 CPF
+30,000 AI ( every yr interest is 3425)
167,000 may 2015


Me
28508 OA CPF
+10582 Ai (every yr interest is 950)
39090
+ 3892 SA (my SA deducted by hdb plus AI, think tat time my OA zero and I ask hdb to deduct de)
42982
55173 cash I paid
98155 (This shd be the total?)

56398 osl
06/15

May start...monthly installment I paying by cash ..643....(before May is he pay by cpf de 643)

( I still have ar 5k cash can throw in but I feel like drag abit to push up the interest of my profit sharing since AI is included and dad said he can lend me 20k)

Now he call me sign an agreement, when point of selling is base on percentage of what he paid, he now then start to go apply for bto or balance flats...( he wan mature estate) I predict need to wait for years ?

We also agree to give dad 80k, 40 k each.(coz this house is an en Blk from a one room flat and dad spend 25k on Reno at 2002)

So base on percentage is 167 vs me 155k if I settle all the balance.
How to count the percentage ah
Is it he 52.5 percentage and me 47.5 percentage as at June 2015?

Roughly estimation is 763k sold on May 2015, same block, lower then me one level (lawyer get this from hdb)

Moneysssss is the key word, hais...

[iPaw69]

chim calculation involved

[Jess76]

just excersize otp. Sold at 725k, I toke back around 334k, house fully paid off since last year, anyway thanks for all the reply, muackz w love.

[fuckNineDots]

Congratulation to you

[nitecrawllerr]

Ur a rich man now.

[extremewealthy]

Quite true

Originally Posted by nitecrawllerr

Ur a rich man now.

[KimBoonTai]

Congratulations! Time to cheong