[jando77Member@jando77Join Date: 2006Post Count: 2]

April 4, 2007 - 1:05 pm

If you're waiting for a final quote from the builder after you've met with your designer and the council, how do you know the final quote won't blow your budget? Do you purchase first, not knowing what the final quotes will be? Can you purchase subject to council approval if you don't know how long it will take (usually 3 mths)?

[jando77Member@jando77Join Date: 2006Post Count: 2]

December 18, 2006 - 5:21 am

Quote:

Originally posted by adambc:

Hi mumofthree,……

A good post, and a good question. What I would suggest you do now (if you’re still keen on this deal) is to put in an offer on the property, with some good solid release clauses in there so you can pull out if you find anything you don’t like during your due diligence.

Quote:

Hi adambc, what would be typical “good solid release clauses”? Thanks!