Top 5 tips for buying land
1. You can do the land loan interest only to reduce your repayments whilst you are paying rent.
2. Remember you may still need to allow for stamp duty, dependent on price and whether you've owned property before.
3. Still a good idea to get legal advice and Solicitors, run necessary checks on land and ongoing developments.
4. Check the conditions – how much land can you build on and what Covenants could mean to your dream home.
5. Make sure the block is tidy at settlement and handover – you don’t need to pay for rubbish removal too
Any questions please call me
Carol 0409 647 414