Question on behalf of friends in the shire of kalamunda in WA. They currently own a property that is large enough to subdivide in a battleaxe subdivision. The difficulty they face is that finance is fairly tight. Talking through some options with them the other day I was mulling over selling the back half of the property prior to subdivision and having the purchaser pay costs - it would help them free up equity while not having to go through refinancing - something that would be incredibly difficult now that they're down to one income.
I know we can do it in rural real-estate so was wondering what the go was in that sort of scenario? Did a search through somersoft last night but didn't really come up with any applicable results.
I know we can do it in rural real-estate so was wondering what the go was in that sort of scenario? Did a search through somersoft last night but didn't really come up with any applicable results.