How to nav­i­gate the con­struc­tion of your new prop­erty

Pilbara News - - Property - Angie Tom­lin­son

Here is the time­line of a new build — a step-by-step guide.

There’s noth­ing more ex­cit­ing than driv­ing around to find that dream block, but first do some back­ground re­search.

This will save lots of time as you avoid look­ing at places that aren’t right for you.

When assess­ing your needs con­sider life­style, fam­ily, trans­port, school or work and, of course, your bud­get.

Once you have done re­search and es­tab­lished your needs it will be eas­ier to find a suit­able lot.

Ask plenty of ques­tions be­fore mak­ing a de­ci­sion.

Sign a con­tract to se­cure your lot. You may have to pay a small de­posit up-front and 10 per cent of the pur­chase price in the fol­low­ing weeks, de­pend­ing on the de­vel­oper’s sales process.

Un­less you plan to nav­i­gate the set­tle­ment process and pa­per­work on your own, a li­censed set­tle­ment agent will be able to han­dle the set­tle­ment process on your be­half.

If you have en­tered into a con­tract of sale be­fore ti­tles are is­sued for your lot, the set­tle­ment may be an ex­tended pe­riod of time un­til ti­tles are is­sued, so make sure you get an es­ti­mated time frame from the de­vel­oper. Be aware un­fore­seen de­lays can oc­cur.

Pay the re­main­der of the pur­chase price on this day and the land is yours.

Whether you have bought a house-and-land pack­age or just the land, this is where the process can be dif­fer­ent, de­pend­ing on your cir­cum­stances.

It is im­por­tant to en­sure the house de­sign is ap­pro­pri­ate and able to be built on the lot.

You may be re­quired to sub­mit your build­ing plans to the de­vel­oper be­fore start­ing build­ing.

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