Hi
We are first home buyers and planning to build in Victoria. We approached few builders and one of them offered 25k incentive on the total cost 275k.
He said it would cost me 250k. But when I go to the bank, I must go for 275k not 250k and the builder would just not take the last installment.
Not sure how this works.
Is it common ?
Will this imapct my deposit?
Thanks