How to Guides | 25.09.18

Buying Off The Plan – Risks and Rewards.

Property developments are springing up everywhere, with many commentators claiming that increased property development is the answer to housing affordability. With many of these developments, home buyers buy “off the plan”. That is, they sign a contract to buy the home before it is even built. There are many benefits to this approach, however, if you’re considering this, it’s also important to be aware of the potential risks. We’ll explain both in this article.

What are the risks of buying off the plan?

What are the potential rewards of buying off the plan?

As you can see, there are potential risks and rewards to buying off the plan. If you are considering this as an option make sure to do your research and sort out your financing needs before you sign on the dotted line.

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