I think it was an old model here, and doesn't exist anymore. You buy a completed house/flat in full cash or some cash some mortgage. I wouldn't prefer paying a construction company for an uncompleted building.
I think it was an old model here, and doesn't exist anymore. You buy a completed house/flat in full cash or some cash some mortgage. I wouldn't prefer paying a construction company for an uncompleted building.
Here, there is "buy off the plan" and in order to get developer funding, something like 50% of the building needs to be sold.