Buying Off the Plan? The Risks Most Buyers Don’t See Coming
Buying off the plan? Know the risks before you sign
In this episode of The Brokers’ Lounge, Eddie and Carlo unpack what buyers need to know before purchasing off the plan.
They cover the appeal of lower upfront deposits, extra time to save and buying brand new, but also explain the key risks that can show up before settlement, including valuation shortfalls, lending changes, interest rate rises, construction delays and developer issues.
If you are considering buying off the plan, this episode is a practical reminder to do your research, understand your borrowing limits and keep a strong…
The skinny
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