Hi,
I am currently planning to buy a H&L package in Elara estate in Marsden Park NSW. The land is 252sqm and sale price is 385k. I am planning for 10% dep, and planning to go with CBA as suggested by MB. Have few queries
1. Have any of you recently had your land evaluated for loan as part of registration. Are the banks valuation equivalent to sale price.
2. Have anyone done with CBA specifically, please share your experience
3. Due to this covid, is LMI getting approved
4. Have yor builders open to give "Subject to Finance Clause" in the contract, any tips to negotiate to include the clause if they are not willing