16/04/2017
"I watched a segment on Channel 7 the other morning about the risks involved in buying a property 'off the plan'. It raised a lot of issues and risks that buyers should know about.
It's great if you were able to purchase a property 'off the plan' in Sydney a few years ago. You would have made a killing by now, but that has not necessarily happened elsewhere in Australia and will not necessarily be the case in the future.
I'd like to share with you some my experiences in working with clients buying 'off the plan' and some of the risks involved if you do not get it right.
MAJOR RISK 1 - What's the true value of the property?
MAJOR RISK 2 - How much can you really borrow?
MAJOR RISK 3 - Read the fine print.
So what can YOU do to minimise your risk when you're buying 'off the plan?'"
Read more on https://www.linkedin.com/pulse/buying-off-plan-risk-sandra-sargeant