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FINANCE
Manteena Residential, Architects Ring & Associates and The Dept of Design, Forrest
BUDGET Financing your new home build or extension project can be achieved in a number of different ways, depending on your financial capacity and the size of your project. You should develop your budget and speak to your preferred financial institution if you are borrowing money to pay for the build, before you engage a builder. When engaging a builder, you should discuss the items that will be included in the building contract. Make sure that this discussion includes any preliminary costs, such as soil tests, preparation of plans, building approvals and consultant fees. There might be expensive items that are not included in the building contract such as landscaping, blinds and curtains, or even floor coverings. It is important to also understand which costs are fixed, and which costs may change. Your builder or your lawyer can explain the difference to you.
THE STARTING POINT IS TO DEVELOP A REALISTIC AND ACHIEVABLE BUDGET.
