Browse Forums Buying Land Re: How to buy Land? 15Sep 30, 2020 2:30 am Tash2020 Thanks everyone for your advice. I was more after advice as to how to go about the actual purchase. Do you just start with making an offer? Ie. If you want to pay a lesser amount than what is advertised. How do you put a deposit down? Eg. Who decides how much? Is it refundable if you decide not to go ahead? How long is it held until you must pay balance? Does the deposit have to be made in person by both buyers, eg. My husband and myself? Thanks again in advance First thing I would recommend show the section 32 to a conveyancer who can check for red flags and advise you. Deposit is usually $1000 and make the contract subject to finance if you are getting a loan. You are best to contact a conveyancer as soon as possible, they should be able to guide you. Usually you can nominate a settlement period of say 4 weeks so you have that time for the bank to approve the loan. That is for titled land if you buy untitled land from the developer it works a bit differently. Looking at some of the designs on websites, they are all selling very similar products. I get that you want something stylish. It's worth looking for search terms like SaveH2O… 2 4600 Hi, This is my first post. We are planning to buy new home via House and Land (H&L) Package around Boxhill/Gables/Marsden Park in Syndey. Googled reviews for most of… 0 10478 Very good points. Thanks so much ponzutwo for your advice. Appreciate it. 2 10373 |