Has anyone had any dealings with a company called Market First?They are selling options for property with settlement 8-10 years down the track.
You buy the land at "todays"price and you can flip it at any time for a profit assuming the land increases in value.The options sell for around $40k so
you have to factor in that cost.The developments are all meant to be "branded" meaning all architecturally designed.
.
Nope, can't say I've heard of them.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Never heard of them either ,that's a different option scenario ?
The name of the guy that drives the whole concept is Rowan Burn.
http://www.marketfirstgroup.com.au
They strongly promote buying the option through your smsf.
Check out the comments for my blog on LAND BANKING. Cheers, T43
Hi Tamara
Where is your blog?
Don't tell me they are working out of Melbourne and promoting taking an option over long term land subdivisions.
Walk away and save your money.
Cheers
Yours in Finance
Richard Taylor | Australia's leading private lender
Yes that is what they are doing.
I have already decided not to go ahead with it.Too many variables,things that could go wrong.
The blocks are small and the whole concept is sold on the premise of it being a "branded"
development.
Thanks for your comments 007..
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