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    dreamhome replied to the topic Land Purchase Deposit and Stamp Duty in the forum General Property 8 years, 2 months ago

    Awesome, thanks Colin! I checked with the developer and they are asking for a 10% deposit with settlement due around December 2017. I have more than 10% deposit available but will try to negotiate them down.

    Thanks for your help :)

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    dreamhome replied to the topic Land Purchase Deposit and Stamp Duty in the forum General Property 8 years, 2 months ago

    Great, thanks for the reply Terry!

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    dreamhome started the topic Land Purchase Deposit and Stamp Duty in the forum General Property 8 years, 2 months ago

    Hi guys,

    Sorry about the newbie questions in advance!

    I am looking to purchase a new block of land for approx. 300k and titles won’t be released until around December 2017. How much cash deposit will I need to pay for the land and when will the remaining balance be due on settlement (when titles are released).

    Also, is stamp duty payable along…[Read more]

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    dreamhome became a registered member 8 years, 2 months ago

dreamhome

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