Consumer Information is a radio segment brought by NSW Fair Trading, the consumer protection agency. Steve Lee of the NSW Fair Trading joins SBS Korean program to give information about things you should consider when you buy property off the plan property.
Properties can be advertised for sale before the building has been constructed. Buying this type of property is known as 'buying off the plan'.
When you buy off the plan, you are paying for a property where the end product may not only differ from your expectations, but be worth less than you have paid by the time it is finished. If you want to buy off the plan, NSW Fair Trading will equip you with the tools to make a decision.
To find out more about the buying off the plan, you can visit the NSW Fair Trading website
The full interview with Steven Lee is available on the podcast above.
