Buying apartment off plan
Aug 10th 2008, 12:37 pm
#1
Forum Regular
Thread Starter
Joined: Jul 2008
Location: Benfleet to Sydney
Posts: 50
Buying apartment off plan
We are considering buying a new apartment off-plan, which will not be completed until 2010. (Not actually sold house in UK yet! and hopefully receive our visas in about 6 weeks as we have paid our 2nd VAC for our Contributory Parent subclass 143)
We have no idea if this is a good idea or not. Does anyone have any experience of this and if so are there any pitfalls to look out for?
Pam
We have no idea if this is a good idea or not. Does anyone have any experience of this and if so are there any pitfalls to look out for?
Pam
Aug 10th 2008, 12:42 pm
#2
Timelord
Joined: May 2006
Location: Lost in space...
Posts: 2,834
Re: Buying apartment off plan
Assuming this is in Aus I'd definitely hang on for a while... there's a lot of people predicting a serious correction in the value of house prices over here... 
Aug 10th 2008, 2:05 pm
#3
Forum Regular
Thread Starter
Joined: Jul 2008
Location: Benfleet to Sydney
Posts: 50
Re: Buying apartment off plan
Maybe by the time we actually arrive the house prices will have come down!
