Pros and Cons of Buying off the Plan

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While many people go through the regular private treaty route of purchase at auction when buying a house, there is another option that Australians can take up.

Rather than purchase a property that has already been built, buying off the plan means you secure real estate when it is still in the development process. It could be a house, an apartment, a duplex or something else entirely. They might not be ready to live in but they can be ready for you to buy. You’ll usually have a detailed look at architectural blueprints and developments plans, with you or your representative in contact with developers, builders and agents to work out the sale. It has a series of risks and benefits, which are important to research in detail before making a financial commitment. The benefits When you buy property off the plan, you can actually have input into the development process. This [...] https://propertybuyeradvantage.com.au/blog-social-media/

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