Control of costs is really important if you don’t want to run over budget on your new home.
One of the key areas in controlling costs is understanding the specification of the house.
One of the traps that many people fall into is paying a deposit based on an initial specification, They are then hit [read more...]
Here is another Ghost House where nothing seems to have moved for a long time.
As you can see it was going to be a big house.
After being exposed to the elements for years it’s probably only fit for demolition.
I have heard people say you should aim [read more...]
Guest post by Callum Scott of Scott Finance
Buying Your Next Home . . . . but haven’t sold your current house?
You can put your home on the market, sell it, settle and then rent while waiting for your new home to be built. For some people this can be a real hassle!
The [read more...]
BUT CAN YOU AFFORD IT?
When you visit a Builders Display home you will probably be given a price list which quotes the Basic Price for the house you are looking at.
Don’t be fooled!……… The feature you see in the Display Home will add much more to the cost.
The following table provides examples [read more...]
Negative Investment can be quite a problem…..but what is it.
Well it’s when the house is worth less than you paid for it. This can be a real issue if you need to sell the house.
There are three ways you can find yourself in a Negative Investment Situation:
Falling House Prices
For [read more...]
Some people think that when they pay an initial deposit, and leave the Builders Sales Office they know how much their house will cost…………..If you are unlucky, and/or don’t know how the system works you could be hit for unexpected costs in the order of tens of thousands of dollars.
These are the times when [read more...]
Living costs during the time your new house build can be much more expensive than after you have moved in. Its well worth planning for the additional expense.
Why is it expensive?
Well you will have either a mortgage or rent on where you live now, You will also be paying the mortgage on your [read more...]