Episode 75: If I cancel my build, will I get my deposit back?
4th November 2024 | 20m 41s
This is the must-listen episode for every home buyer! We’re tackling one of the biggest questions in the industry: Will I get my deposit back if I decide to cancel? In this episode, we break down the answer and dive deep into what a Preliminary Works Agreement really entails, what’s covered in your Preliminary Fee, what work is completed as part of that fee, and whether it’s beneficial to pay this fee to multiple builders.
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Timestamps:
1:48 - The basics of a “deposit” or a Preliminary Works Agreement
3:30 - What items are included or completed in return for my “deposit” / Prelim Fee?
9:21 - Will I get my money back if I don’t proceed with the Contract?
14:29 - Should I be paying a “deposit” or Prelim Fee to multiple builders to secure the best deal?
Want to reach out to Colin or Darren directly?
Colin - 0419 220 140 - colin@hlvictoria.com.au Darren - 0430 087 450 - darrenbrennan@metricon.com.au