3 Points to Give you Advantage when Buying Presales
Looking to be more advantages when purchasing a presale in Vancouver well! you're watching the right video right here. My name is Axel Ziba.
I'm a managing broker and presale specialist in Vancouver, and I'll be happy to share three secret weapons, put you at an advantage.
And also as a bonus, I'm going to be throwing 3, 1, 2, 3 pointers to put you in a lookout for pre-sales as well.
Let's start with number one, Enter the market when the price is at the platinum stage. That's a time One of the biggest advisors in the industry once told me it's about time in the market, not timing the market. 2- too many people ignore this part.
Now always review your contract. Every developer and every builder, they have their own contract, which has been written in their favor.
And that's the one you have to make an offer upon. Also, there are about 300 to 400 pages of a disclosure.
You have to go through many things. This is a simple template. I always refer my clients into, have that carefully reviewed with the lawyer and making sure if there is anything that is not in a consistency with what you want, then you can use your seven day rescission period or rescind and walking away from that deal.
That's an advantage. Number three, that's stem from number one as well. So when you enter a project early, you have a lot to choose from so many floor plan.
Don't stick with only one floor plan, take a look at many different ones, the layout direction of the unit and analyze everything.
This is the one that's going to put you into the advantage. Now stay tuned because I want to throw in three pointers to keep an eye on when purchasing your presale, the things that you need to keep your eyes on is 1- number one deposit.
So take a look at the deposit instruction from the developer or a builder.
That's one of the things to look after for number two, to keep your eyes on is the developer or a builder's reputation. And I can't say enough about number three, focus on location.
We all say that in real estate, that is location, location, location. I'm going to say that again, focus on the best location.
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