1st Appointment

Went for our first appointment with HDB on tue afternoon, was so excited abt it. The night before, I had a serious talk with FH regarding the loan that we will be taking up. How much we want to fork out for the mthly installment, the no. of years for the loan, and the interest thats going to build up. So many factors to consider. Luckily we already directed some of the cpf amount to investment, that will act as a buffer for future emergency use. In the end, we decided to shorten the loan period in order to save on the interest. I'm surprised that by shortening the loan period by 5years, the savings on interest can be ard 40k. OHH... thats the kind of money that we have to pay. Can't imagine the amount that we need to pay if we are taking up bank loan.Fortunately for us,my dad managed to make it for the 1st appointment, initially he was scheduled to start work by this date. Without his presence and signature, we wldn't be able to get the housing grant (near parents). Keke..

We was the first to reach HDB. My agent, the seller & seller's agent were late. Hmm.. Without the seller's presence, we couldn't get a queue no. for the appointment. I was abit pissed by that. We were then directed by our agent to the second level where we will called for the appointment. The seller only arrived at 2pm. The agent immediately went to get a queue no for us. It wasn't quite long before our no. appeared on the screen. The seller was called first and afterwhich, our turn. The officer attending to us was very fast. She talked fast and her hands moved fast as well. Within five min, we are done. Actually we are signing without looking at the documents. She is so fast that we don't even have a chance to comment or take a look at anything. haha.. Afterwhich then i realised that this is only the preliminary round of checking documents. There's still another round.. So we went back to our seats and continue to wait..... Ard 20-30mins later, its finally our turn to go into the "room". This time, we went in first instead of the seller. The officer wants us to confirm the price of the property we are buying and the cash-above-valuation we need to pay. After that, he asked about the loan period we are taking up. He showed us the monthly payment we have to pay according to the no. of yrs of loan. Luckily we already know what we want, so we can tell him straight. If we were to go unprepared, it will be quite stressful to make a decision on the spot. :) After coming out from the room, the agent brought us to the place where we have to pay for the cash-above-valuation and the caveat fees. Omg! While writing the cheque, my heart bleeds....Forking out so much money at one shot...More to come for the reno n furnishing......Haha..But im willing to let go of the money for our happiness...^_^