Buying guide
Considering your property options
How do you choose which property type is best for you? Here are some tips from the team at Settled.govt.nz
AI summary
When choosing a property, consider your long-term needs. Stand-alone homes offer space and privacy but require more maintenance. Apartments and townhouses are often more affordable and central but involve body corporate rules and fees.
Other options include buying an empty section to build, purchasing off-plan from a developer, or considering a mortgagee sale. Each path has distinct benefits and risks, so thorough research and seeking legal advice are essential before making a final decision.
Some important things to know
Buying a stand-alone home
Buying an apartment or townhouse
Buying an empty section
Buying off plan means you get a brand new home without wear and tear, but there are potential risks.
Buying off a plan
Buying a mortgagee sale property
Relocating a home
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