All Topics / General Property / Off-the-plan properties and bank evaluations
Hi Everybody!
Just curious if anybody has bought off-the-plan properties from "Buy Property Direct" in Victoria? I'm considering a unit in the Frankston area but they have built many properties all over Victoria including, South Yarra and have been in the business for about 20years+. I've never bought a property off-the-plan, let alone my first property. If I'm do to a due dilligence on the company how can I check the history besides from what is available on their website and by doing a google search?
Also, will the property I pay for off-the-plan which completes construction next year May be likely to get evaluated at the purchase price or more likely to be lower than purchase price?
I would be interested in knowing your experience with them.
Thank you in advance for your feedback!
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