How to buy property off the plan

By Kate Farrelly
July 20 2018 - 9:00am
If finance is proving tricky, Caraco recommends buying into a development that is close to completion. “Banks aren’t so tough on their valuation because they can see the finished product,” he says. “You may also have other buyers who have settled, confirming the price.”
If finance is proving tricky, Caraco recommends buying into a development that is close to completion. “Banks aren’t so tough on their valuation because they can see the finished product,” he says. “You may also have other buyers who have settled, confirming the price.”

Putting money on the line for something that doesn’t yet exist sounds a little crazy, right?

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