Hi, need some advice from those who have sold or are selling their previous house.
My buyer would like to start their renovation after approval is given by HDB subsequent to the first appointment. The normal process flow is to renovate only after the second appointment. But HDB does allow for an earlier renovation if both seller and buyer agree.
We feel that this is a risk as the buyer can still back out after the first appointment (despite having paid the option fee, option exercise fee and various admin fees). He may leave my house in a mess and go MIA.
Will you take the risk of allowing the buyer an early renovation or follow the standard procedure of allowing renovation after the 2nd appointment?
My buyer would like to start their renovation after approval is given by HDB subsequent to the first appointment. The normal process flow is to renovate only after the second appointment. But HDB does allow for an earlier renovation if both seller and buyer agree.
We feel that this is a risk as the buyer can still back out after the first appointment (despite having paid the option fee, option exercise fee and various admin fees). He may leave my house in a mess and go MIA.
Will you take the risk of allowing the buyer an early renovation or follow the standard procedure of allowing renovation after the 2nd appointment?