Seven questions every off the plan buyer should be - TopicsExpress

Seven questions every off the plan buyer should be asking: 1.What are the pros and cons of buying off-the-plan? 2.Who should hold the deposit and to whom will interest, if any, be paid? 3.What happens if the buyer can’t go through with the deal, or the development doesn’t proceed as planned? 4.Can the developer increase the price of the land or property after the contract with an agreed price is signed? 5.Can the quality of the property be guaranteed and what happens if the builder changes the plans? 6.What’s at risk if the buyer can’t get finance by the settlement date? 7.Under what circumstances can a buyer pull out of the contract without any penalty? Source: Consumer Protection

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