Can any builders enlighten me to how/ what sort of deals have you set up on any of the following:
1) If you find land you'd be keen to build a house on, but dont want to outlay to take ownership of it, what deal/ conditions do you set in place?
Eg:
* There must be some issues to resolve before being able to offer the above scenario as a house and land pkgs?
* To secure the construction job, what deal do you work out with the owner/ developer?
* To secure it, do you use a deposit? An option fee? Neither?
Any insight into what builders are doing to secure the "rights" to build on land without actually owning it, (like house & land deals) would be appreciated.
1) If you find land you'd be keen to build a house on, but dont want to outlay to take ownership of it, what deal/ conditions do you set in place?
Eg:
* There must be some issues to resolve before being able to offer the above scenario as a house and land pkgs?
* To secure the construction job, what deal do you work out with the owner/ developer?
* To secure it, do you use a deposit? An option fee? Neither?
Any insight into what builders are doing to secure the "rights" to build on land without actually owning it, (like house & land deals) would be appreciated.