
608 off the plan chaos, should you refinance every 12 months? credit cards for holidays? changing super + more
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What Are the Red Flags of an Off the Plan Purchase?
If you are on a higher income in two years time, your income has dropped or you started your own business, you might not be able to get the money. You don't want to enter into an off the plan purchase if your situation might change between signing the contract and settling on the property. There's clauses in contracts where you can't advertise it publicly while it's still selling. I know someone in Queensland who who bought an off-the-plan property once they got out of a relationship have since met someone else,. doesn't want to do the property, wants to get out of it, but they can't. So the only option that person has is the builders.
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