When building a house when do you pay?
There are two contracts you start off with. When land settlement occurs, you'll have to pay for a land loan. Once you have signed the building contract, you get a repay land and construction loan, interest only, and you have to pay it off by the stage of the building.Second, once a construction contract has been signed, obtain a land rebate and a construction loan (only interest paid for the construction phase to be completed).
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