 |
Q. I will
not sell unless I get $ X
A. Most prices are obtainable if you are prepared to wait
|
 |
Q. I want a
30% non refundable deposit to wait for three years
A. Big non refundable deposits are rarely offered. Large deposits can
result in a Terms contract with legal implications
|
 |
Q. I want to
keep my house on one acre but I cannot subdivide it off
A. A developer can often arrange this.
|
 |
Q. I need
some instant cash to pay bills and a weekly allowance until settlement
A. Possible
|
 |
Q. I want to
sell one third immediately, one third in five years and the balance in
ten years
A. Quite OK
|
 |
Q. This is a
family property. Some members want immediate cash, some will wait twelve
months and some will wait five years and some want a percentage of
profits.
A. Not too hard to arrange
|
 |
Q. I do not
want to part with my one deed until I receive all my money.
A. A developer could perhaps create more than one deed and pay for the
property as he receives the deeds.
|
 |
Q. I do not
want to wait for twelve months to get my money and find that the
developer has pulled out.
A. You can settle earlier but the price will be lower. The cost of
making a development application is lengthy and costly. If the developer
pulls out you own the development application. A successful development
application increases the value of your property and makes it more
saleable.
|
 |
Q. The
developer knows he can divide my property. Why won’t he give me my big
price now?
A. Your property only has potential to be worth the big price. Until it
is proven that it can be subdivided exactly as planned.
|
 |
Q. What
matters can influence Council’s decision to approve a development?
A. Almost anything from a rare frog; the need for a park; land
contaminant. |