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25-03-2014 15:15 #11
25-03-2014 15:21 #12
25-03-2014 15:26 #13
Oh no that's terrible!!!
We put the land under contract back in June or so. Then stuffed around designing new house instead of getting current house ready to sell - so here we are paying off our land as well now, but haven't sold our house, can't start building until we do.
25-03-2014 15:32 #14
It's a fine balancing act isn't it? Exciting times though. I loved picking all my colours! Can't believe we are building again (not in an estate this time though) - we must be crazy.
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25-03-2014 16:54 #15
So you hold land, then they muck around ? Do you pay deposit at hold stage and then balance at settlement?
25-03-2014 17:22 #16
Our land required a lot of earthworks before it was ready for sale. The whole section of the estate was very sloped, they flattened it out, fenced to parkland, put in roads and lights etc. We signed the contract back in June (it has to be unconditional - no finance clause even) and then when all the work was completed we settled (March). We paid a $5000 deposit to hold it. If you were to buy a block of land in the estate that was ready to go you would be able to avoid this mucking around I think.
25-03-2014 17:40 #17
Something to consider thanks delay actually works for us as it means we can save more $$$
25-03-2014 17:42 #18
08-04-2014 00:37 #19
08-04-2014 07:30 #20
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