My Mortgage Podcast - Season 1, Episode 8
This episode we talk about townhouses and turnkey builds - what they are, how they’re different from other builds, and how to fund them!
We discuss:
The difference between townhouses, duplexes, and apartments, and what turnkey means.
How turnkey properties are different from a house and land package or standard build.
How you source your deposit, including specifics of the first home grant. How much you’re bringing to the purchase vs how much the bank is bringing, and new build exemptions.
Timeframe and sunset clauses - examples of clauses put in place for the benefit of the purchaser, vs the benefit of the developer or vendor.