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How To Prevent A Negative Sale From Impacting Your Retirement? For Kakak and Encik, it was a case of “dangerous happiness”. The happy part – They just had a new born. A beautiful baby boy. The dangerous part – Their current income levels were not enough to sustain a new addition to the family. Especially since Kakak wanted to quit her job to take care of the baby. So they decided to sell their flat, and downgrade to a smaller resale unit. They wanted to use the cash proceeds to handle this added expense. But here’s the problem… After making initial enquiries, they realized that they were facing a negative sale. (Meaning if they sold, they would have no cash proceeds, and would lose money instead as they are required to refund their CPF monies used to finance their home) Their unit, being on the 2nd floor, is not usually a big hit among buyers too. That was when they contacted me through Facebook, and asked for my help. “Jeff, is there a way to restructure our finances to prevent this negative sale? Can we fetch a good price for our sale, since it’s on the 2nd floor?” The good news: Definitely yes! I sat down with them through a series of meticulous planning sessions. Hours of planning and strategizing. Honestly, it was not an easy process. Stop loss on a negative sale is never simple. Fetching a good price for a 2nd floor unit makes things even harder. But with the right approach, it can be done. As was the case with Kakak and Encik! I managed to help them to restructure their loan, sell their unit at their preferred price, and also to end their negative sale with a property that has a younger lease of life, and greater possibilities of appreciation. The new plan also involves leveraging on enhanced contra facilities, so as to better manage their timeline and have ample time for renovation. Finally, all our hard work has borne fruit. I’m glad that after completing this transaction, Kakak and Encik are moving forward in life with a new born and in a stronger-than-ever financial position! If you’re facing a negative sale as well, all hope is NOT lost. There are ways to mitigate the negative sales with the right planning and strategy. Drop me a DM, and let me help! Click on the link below if you would like to understand more on how enhanced contra facilities transaction is being process ==> https://jefftan-propnex.com/hdb-to-hdb/