When buying a home, you could buy a ready house or one under construction. Buying a property under construction, often referred to as off-the-plan buying, is a sure way to save costs. So, how does the arrangement work? Below is a comprehensive guide on off-the-plan buying.
What is Off-the-Plan Buying?
Off-the-plan buying is an arrangement where a real estate developer sells property under construction. Ideally, the buyer makes an upfront payment and moves into the property once the developer completes construction work.
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