n Personal Finance Newsletter - Buying off-plan - a dream home or a contractual nightmare? : property

Volume 2006, Issue 307
  • ISSN :



Extracted from text ... Moneyweb's PERSONAL FINANCE July 2006 7 PROPERTY Buying off-plan - a dream home or a contractual nightmare? Buying off-plan can be a good way for first-time homeowners to buy a brand-new home - unless things go wrong. Know what to look out for... By GAYLYN WINGATE-PEARSE MANY first-time homeowners have entered the property market by buying off-plan, and in theory, it sounds like a smooth process. Potential buyers can visit various property exhibitions where developers woo them with glossy brochures and stylish designs. Once a buyer has chosen his dream home from the building plan, he signs the dotted ..

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