otp

Greetings fellow members, My first post here so please be patience with me... I've been reading a bit lately on this forum particularly in relation to NRAS. I've been planning to buy NRAS OTP property and was wondering what conditions would be good to be included in contract to secure...

Hello All, I am close to signing up for an off the plan apartment in one of the multi-storey building being constructed in Fortitude Valley with my SO. This would be my first IP for an approximately $530K property to be setled in 2016 with a 10% deposit now. This is being done with a...

Hi guys My name is Luke. I am a newbie here. Just wondering if anyone could give me some advice about the better option for my first home. I'm a single professional and my budget is around $400K. I have two affordable options, 1) OTP apartment in Preston (100m from Preston station) 2) Brand...

I am a FHB looking to buy around the Macquarie Park/North Ryde area. I am looking for a place initially to stay and maybe to rent out later. I have the following two options to go for. I'd like to hear from other people which option you would go for... Option 1: Buying off the plan -...

Hi All, Does anyone have recommendations of someone who can do a building inspection for an off-the-plan (OTP) property in Sydney? Have a property in the Homebush/Auburn area that is about to settle but would like them not only to find any defects but also check to see if it's built in...

Rant warning in the title So, my apartment settled today. It supposed to be brand new, and during pre-settlement inspection several days ago. Some parts are not up to par, like the skirting board not aligned with the carpet, dirty, yellow mark on laundry, etc etc Settled today, checked...

What do people think of this as an investment? Lambeth Circle, The village at Wellard - Invita Apartments Located within the village, short walk to train station. Village at Wellard - Off the Plan apartments Wellard Square - New Woolies opens end of 2014 I think Perth's values...

Hiya SSers I have OTP settling around mid-december - any recommendations on building inspectors around Sydney Lower North Shore? Ideally they need to be experienced with OTP apartments with eagle eyes for defects I have contacted one, and the real estate agent also recommended another...

Hi guys need some advice... Friends put down a deposit for an off the plan unit in a development of 32 consisting of units and townhouses. They were told they had to pay progress payments... I thought with OTP developments it was deposit and balance at the end? I would appreciate hearing of...

Just got an update that our OTP ppor is going to be completed in 3-4 months time (date not confirmed yet, timing is still indication only). Now, before settling, what kind of due diligence do I need to do? List on top of my head: - Apply for loan, just need to wait until I have the date...

Sub Division #2 With the first sub division / development completed 5 months back, we are ready for the second subdivision. The plan is : 1. Get the sub division approval from the council - We have engaged a surveyor and he is already working on lodging the application. 2. Approach a few...

Hello, I’m new to this forum and property building/conveyancing issues in general and I was wondering if anyone could please help with some advice on a building plan that I’m thinking of and whether it is doable? I want to build a dual occ house and live in one and sell off the other for...

Hi, I have been reading quite a number of posts about Off the Plan (OTP) purchases, in particular one good thread discussing this - link below. Being new to this forum, my very first IP, and OTP; I hope I could get some of your thoughts on this, rather than just the ideal 10 year property...

Hi Guys, I have been watching for a while and learning a lot ! thanks very much in advance! I bought an OTP year 2007 studio unit and thought to use it for my self when I go back now and then in my country of origin, philippines -currently living in London since 19. I thought to rent out...

Scenario: - OTP property due for completion & settlement mid-June - 10% deposit paid - Partner & I entered contract both employed with significant income to service loan - I have since lost my job and partner's income insufficient to service loan as owner-occupier - However, partner's...