Sorry,

I plan is to sit on the land for a few years then build a house on this land, No my loan repayments are comfortable I am just a little query on what to do and how to know weather or not I am actually going to make money on this land. The covents on the contract are as follows:

Subject to finance, soil tests, There is a due diligence clause in there stating that if for some reason after the tests and research are done, if the land is unsuitable for what my intentions are I can pull out of the contract. I have 21 days to get the tests done. is this a reasonable time frame? 

The town planner rang me back and simply said he has nothing to do with it and does not know when the roads etc: will be built as this is all the developer, is this a common occurance?

Is there any other information you need to know from me?

I guess what I am really trying to ask is what exactly do I have to do. I have had a lawyer read the initial contract before I signed it and they said it was legit and reasonable. SO what are my next steps to succesfully owning this block of land?

 I may sound a little silly but I would like some help with what steps and tests etc: need to take place

Thank you in Advance