What are the benefits purchasing pre-construction units with me
Here are some of the reasons why you should purchase your pre-construction unit with me. I am a VIP agent for a lot of builders across the GTA. Therefore, I get first hand information to new sites, so you will get units and prices before the general public. Some builders will even give out bonuses and credits upon closing for VIP agent’s clients. Buying pre-construction is also a good way to invest your money, since you are purchasing a property that will be built 3-4 years down the road. You will benefit from the appreciation that the property will create over time as the community develops. Furthermore, the pre-construction property also comes with a new home warranty from Tarion which is mandatory for each new home builder to provide. The warranty lasts for up to 7 years, for major structural defects. If you don’t have to move into the property immediately, and wouldn’t mind traveling a little further from your idea neighbourhood of choice or just simply investing looking for an investment property. I would suggest looking into pre-constrution projects first.
What’s the next step when you decide to buy pre-construction?
So you have the deposit saved up to buy, now what’s next? It is important to know the deposit structure and the total amount that you would need to put down as a down payment. Most of the buyers do not know about deposit and it becomes difficult to arrange the money instantly. Once you have figured out how much house you can afford. Choose an area where you would like to live or invest in. Weather if it’s Markham, Toronto, North York or Mississauga pick an area. If you’re planning to move in to the unit in the future, count the commute time on a regular day during rush hour. If it’s a property that you would like to invest, make sure that it’s not too far away from your current house. So that if your future tenant has issues. It wouldn’t be too hard for you to go over for a quick look. If you’re unsure of where you would like to purchase, you could always call or e-mail me to get some professional advice. I would be able to give you a tour of the project, prices, floor plans, deposit structure payments and special incentives offered by the builder. I would also be able to tell you release dates and future projects that the developer will be proposing. I would also go thru the procedures of what would be next in the buying process before your final closing.