What you need to prepare BEFORE offering or EXERCISING the option?

[@francislam9473]

Thank you guys for sharing such an important informations. We have recently bought our landed property and we have discovered there is a major leakage from the next door neighbour. We were not informed about this leakage until we realise it after the completion. Our renovation has started right after we got our key, the leakage property is current tenanted and the owner is neglected to deal with problem. We have get PUB to check the leakage and confirm the leakage is from the neighbour. The neighbour is neglecting this issue and our renovation progress has stuck. Do you guys face this issue before and any suggestion to resolve the issue?

[@propertyroundtable]

i guess its a buyer beware situation and thus there is a likelihood the neighbour can basically ignore. u can try to bring it up to them if all fails manage it on ur end.

[@chewming8014]

Good episode 👍 a major concern for an upgrader into the landed segment is whether we should buy or sell first as we may not find something suitable within our budget. I took the risk of buying first, and paid 3% option fee for 6 months extension. Is there a limit to this extension?

[@propertyroundtable]

nope willing buyer willing seller situation. thamks :)