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Hi there, Please give some advice on suggestions What is the best/smart way to...

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Ash

Hi there, Please give some advice on suggestions What is the best/smart way to buy land. We are looking to buy a piece of land in Rolleston and just not sure which is a better way to buy. Does Harcourts or other real estate agency charge commission on selling land (Assuming because they are third party). Or just buy straight through yoursection.co.nz Also where is the best location to buy Farringdon is bit pricey.
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Goo

With Rolleston it’s a falling market and houses are worth less than the build cost a lot of the time. Rather than buying a section, just buy a spec home and negotiate well.
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Roger

It’s all dependent on your financial situation. There’s buying a section, then building with whoever as you aren’t tied to anyone. There’s doing a house and land package through a company that has pre-purchased sections. Or, there’s doing a turnkey house and land package through a company. Add another 15k on top for the turnkey fees, which is what they will charge as you don’t have any progress payments throughout the build. So all the interest they’ve accrued will get lumped on top of the advertised price. Falcons landing, Acland Park, Urban Estate, faringdon east are all just merged into 1 big chunk of land. Acland have a school going in, commercial stuff & a pretty good playground.
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