Has anyone had any dealings with a company called Market First?They are selling options for property with settlement 8-10 years down the track.
You buy the land at "todays"price and you can flip it at any time for a profit assuming the land increases in value.The options sell for around $40k so
you have to factor in that cost.The developments are all meant to be "branded" meaning all architecturally designed.
.Jamie MooreParticipant@jamie-mJoin Date: 2010Post Count: 5,065Reno101Participant@reno101Join Date: 2013Post Count: 26
Never heard of them either ,that's a different option scenario ?Tamara43Participant@tamara43Join Date: 2012Post Count: 57
Check out the comments for my blog on LAND BANKING. Cheers, T43
Where is your blog?Richard TaylorParticipant@qlds007Join Date: 2003Post Count: 11,992
Don't tell me they are working out of Melbourne and promoting taking an option over long term land subdivisions.
Walk away and save your money.
Yours in Finance
Yes that is what they are doing.
I have already decided not to go ahead with it.Too many variables,things that could go wrong.
The blocks are small and the whole concept is sold on the premise of it being a "branded"
Thanks for your comments 007..
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