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Most of the time they would just take your deposit. Once in a blue moon the developer will take you for more if they end up having to sell it for significantly less than what you agreed to pay for it. Unlikely due to shortage of land but always a small possibility.

that is just market forces at work. 2 years ago you as the buyer would have been dictating terms to the developer. today the tables have turned.

I was just thinking the same thing. Not quite sure about buyers being the financial providers either

This developer has people SCRAMBLING to buy a block, fighting over online codes and god knows what else. they will probably sell out in 24-48 hours based on what you guys are saying so id argue their marketing has been spot on. You have no idea why they are only doing 39 lots atm, it could be...

yes it will be extremely fair. it is not the developers problem, nor should it be, if your friend loses his job or cant get finance. there is an inherent risk to such purchases. it sounds like theyre putting pressure on him to sign the contract immediately which isnt good though. if it is a...

were you not recently advocating buying in wellard? that would have the same cookie cutter problem you listed above