News.

31 May 2022

A simple guide to the process of buying your house and land package at Oaklands Green.  

 

 

Determine What You Want

It’s a good idea to have in mind the features you’d like in your new home and set your budget. You may wish to talk to your lender now if you need advice on what you can afford. View the Oaklands Green range at our Now Selling page for options and ideas.

 

Talk With Us

Once you know what type of house you want and the mandatory features, Richard can talk you through the house and land packages available at Oaklands Green that suit your needs and budget. At the end of this step you will have a house and land package in mind and will know the estimated cost. If you haven’t already, it’s a good idea to start talking to the bank now that you know what you’ll need to borrow.

 

Organise Your Finance

When buying a house and land package, you will need a land loan and a construction loan.  If you are borrowing money from a financial institution, Richard at Oaklands Green can provide you with the paperwork you’ll require to arrange your finance. If you want to secure a specific home on a specific lot, you will need to provide a deposit to Oaklands Green and the builder.

*A deposit may be due here

 

Land Contract Signing

Once you have bank approval you’re ready to sign your contracts! First, you’ll be provided with a contract for the purchase of the land as part of the house and land package. Once this is signed you can finalise payment of your chosen lot. This payment is separate to the mortgage for the house build component of the package and the land payment is due in one lump sum.

*Land payment due

 

Build Contract Signing

Your house contract is separate to your land contract. Along with the land contract, you’ll also be required to sign the build contract. At this point your lender is likely to start your mortgage for this part of the house and land package.

*First mortgage payment may be due here

 

Selections

At Oaklands Green, the house and land packages come with three colourway options for the interiors. Now that you have chosen your new home, talk with Richard at Oaklands Green who can take you through your selections. 

 

Progress Payments

There will be certain milestones in your new home build that require payment. These will be provided to you at the time of contract signing and the bank will draw down from your mortgage and pay these as required.

*Progress payments due

 

Build And Handover

Watch your house take shape over the coming months and get ready to enjoy living at Oaklands Green. On completion, you’ll be handed the keys to your new home at a ‘handover’ date agreed between you and your builder. Welcome to the neighbourhood!

*Final build draw downpayment due on completion

 

 

So, get in touch with Richard Joy – our new Project Team Leader – to get in early and buy off-the-plan at Oaklands Green. For all sales enquiries regarding Oaklands Green, contact Richard via richardj@connektup.com.au. To keep up to date with the Oaklands Green news, be sure to follow us on Facebook and Instagram.

Register your interest to be kept up-to-date with the latest news on Oaklands Green.
 

Alternatively, please call us or email us at:
Free call: 0439 504 440 or
Email: community@oaklandsgreen.com.au

If you are deaf, or have a hearing or speech impairment, contact us through the National Relay Service. For more information, visit www.relayservice.com.au.