28 Feb 2007 4:04 PM:
Dixi the salesman was probably right. And I would say also right to wait a while until more progress on the site, also that would take you into post Easter the main buying period.
"I was hoping (as you do!) to make a little profit but the 'doom and gloom' reports are a bit scary. My salesman says Costa Calida has a healthier market than Costa del Sol, but then he would say that, wouldn't he. "
I notice loads of people who buy a property off plan then want to get out, I´m sure some don´t think things through enough before they committ to a purchase. The consequences of such flipant decisions are often considerable loss of money.
I know peoples circumstances change but a little more forethough could help stop all these cancellations. From the builders point of view they have to find new buyers for these properties and probably missed the chance of buyers on these cancellations.
I think builders should penalise people by retaining at least 50% of deposits/payments for the inconvenience.
I am a buyer not a builder but I do consider all eventualities before I commit to buying.
Thread:
How does selling off plan work? Advice please!
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