guide to a house and land
July 11, 2024 ⚊ 1 Min read ⚊ Views 29 ⚊ BLOGWe help you clarify your understanding of the deposit and costs required for buying a house and land package. You will usually need a 10% land loan deposit and a 5% deposit for the construction loan.With turn-key packages, you most probably will need a 5% deposit. Payments to the builder are usually made in stages of five progress payments from the bank, as the work is completed.
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