The biggest difference is that DMA is carried out by a Project Management company who does not have a strong balance sheet.
Here is a short checklist to consider.
Before you enter a Land Development Agreement, or if you have an offer to consider, you must ask these questions before proceeding.
1 - Will I receive payments prior to the land being developed?
2 - What is my risk?
3 - Is my downside covered?
4 - What are my tax liabilities?
5 - What is my land really worth?
Resi Ventures offers a no obligation assessment of your land value to assist in answering these questions.
Call 1300 031 260 for more information and to book an appointment.
Tighter lending by the major banks and a drop in demand from buyers is seeing broadacre prices easing in Melbourne’s growth areas in 2018 and this will challenge many land owners who are planning on selling their land at pre 2018 prices.