Search found 2 matches

by zachsaw
Mon May 03, 2010 12:26 pm
Forum: Home Loan Forum
Topic: Home loan for off the plan
Replies: 3
Views: 5394

Re: Home loan for off the plan

Thanks for the detailed reply. Appreciate it. Just one other question. At what stage of the development would the bank require as a minimum to do valuation (e.g. wall and roof are completed) to give us a formal approval? This is just in case the developer applies for occupancy cert and registration ...
by zachsaw
Mon May 03, 2010 11:17 am
Forum: Home Loan Forum
Topic: Home loan for off the plan
Replies: 3
Views: 5394

Home loan for off the plan

Hi, We'd like to buy a property off-the-plan (10% deposit and 90% upon completion). It is a house that has not yet been built that you will purchase when the developer has completed construction. The plan of subdivision has not been registered. Settlement date is 14 days after the vendor the subdivi...

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