The Real Estate News world is full of interesting comments these days and the one that seems to stand out is Pre sale. Pre-sales are homes you are able to purchase before the structures are ready for occupancy.
A pre-sale home is a wonderful opportunity for a variety of reasons; such as allowing a buyer real flexibility in terms ofgiving you some breathing room with a much longer than average timespan to sell your existing home or procure the best possible financing,often being able to choose your preferences in design and style while the home is being built,andproviding an investment in potential capital appreciation,to name just a few. These advantagescanmake home ownershipasmoother, less stressfuland more attainableprocessfor both the first-time homebuyer and for those already in the market.With a pre-sale community, you may have access to communal amenities, such as green space, clubhouse, gym or retail stores.
There is usually a delay from when you purchase your pre-sale home and when you are able to move in, sometimes as long as a few years– that delay may be a factor for you when deciding whether to buy a pre-sale or an existing home.It’s also worth noting that, as with any new property, HST/GST and PTT is payablewhen the pre-sale project is completed.In a strong housing market, you may find that the pre-sale home you purchased is actually worth morewhen you move inthanwhen you signed the pre-sale contract! On the other hand, if the market should soften, there is a risk of the opposite scenario occurring, whichcould have a negative impact.
Talk toP.A. “Doc” Livingston,yourPre-Sale Specialistabout pre-sales and other buying/sellingopportunities. This is the best way to ensure you have access to the most accurateand currentinformation to help you make the best possible real estate decisionsfor you and your family.
Why Wait... Investor..Upsizer/Downsizer or first home... Get the informaiton you need to see if a pre-sale home is in your future...
P.A. "Doc" Livingston Personal Real Estate Corporation & Team HomeHuntersBC Sutton West Coast Realty 604-415-9800
*This document is not meant to cause breach of existing agency. Please note that all rates and terms shown above are approximate, subject to change without notice. Actual rates can vary depending on institution and personal financial history… O.A.C.*
Author:Doc Livingston Phone: 604-787-7028 Dated: June 12th 2017 Views: 188 About Doc: "Doc" is a local multi-award-winning residential REALTOR® and Team Leader with a wide range of list...
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