What exactly is purchasing off-the-plan? Purchasing a property off-the-plan involves purchasing a property that has not yet been completed or is currently under development. You make your purchase choice on the construction plans and designs rather than the completed project.
Many individuals, both homeowners and investors, regard purchasing off the plan as a wonderful option to get a brand new house. However, similarly to any investment, there are advantages and disadvantages to consider when purchasing off the plan. Therefore, if you are considering about purchasing off-the-plan property right now, it is better you have a better understanding of the benefits and risks.
With awareness of both the pros and cons, are you ready to buy the off-the-plan properties? Not yet! Here is your guide – “Must Do” when you are intended to purchase the new homes.
“Buying off the plan: pros and cons and how to pay your deposit” by anz.com.au
“A beginner’s guide to buying off the plan” by Andrew Mirams