New home buyer traps

Investors beware

Monday, June 10, 2013
Many interstate investors are being caught up in buying home and land packages in new Victoria suburbs at inflated prices, with the promise of high rental returns that are just not eventuating leaving them in hot financial water. A couple of Melbourne based property development and builder affiliated companies are currently involved in this practice. The companies are currently evolved in deliberately inflating there land prices (so there values stack up) with the use of behind the scenes builders rebates
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