a day at HDB

well, went to meet the officer in charge of our loan with mum.

Mum was kind enough to settle the outstanding and the late charges. Then comes what are the valid options.

1. Buy share from dad. Possible but not worth it. That's because they have met the no of times they can take a hdb loan and hence if we were to purchase dad's share, it means getting a loan from the bank which has higher interest rate that flunctuates. Not wise

2. Sell the 4 room now and get a resale outright purchase flat. Based on his experience, there are neighbours in our area who are not able to finance the instalments and bought a 3 room re-sale flat. They were able to downgrade, pay full for the new flat, finish paying the loan and even have leftover of the sale. This is one of the best option but, im really relunctunt to do this as it doesnt seem logical to buy a three room, then afterwhich once i do get married, they will most probably not stay together and then we will all have to move again. And no one can guaratee me that the same cycle will not happen again. This is prolly just a short term solution, i think

3. Use the monthly allowance that we give dad to pay for his share. In this way, we ensure he has a roof to stay...i like this option better.

Seriously speaking, I know what implications each option have, but if the root of the problem, the man's attitude, is not changed, things will keep recurring.

I'll have to talk to him and c how....