What to expect when buying a presale | 5 steps
You may be, have been wondering what's the process of purchasing a presale? Well, you're not that off because in this video we're going to be discussing five steps involved in purchasing presale.
My name is Axel. Ziba, pre-sales specialist in Vancouver. Number one is to discuss your wish-list, your location, and the desired budget.
So based on those information, your specialist has found you a perfect project and a development that you like.
So step two is for you to book and schedule an appointment to attend to those Sale Centers and discuss further information, select from best plans available and make an offer.
Step three and step four can switch places sometimes. Well, let's talk about the first option.
Step three is “Deposit”. some developers. They require deposit at the time of writing the offer or at the time of acceptance.
And some developers, they may require that after seven days, which we get to step number four, your seven days to do your due diligence.
And that's called “rescind period” or “recession period”.
The “7 Days” past and you've done your due diligence and every review and every disclosure has checked out and you've excitedly went ahead with the purchase.
Number five, is following the deposit instruction of step No. 3, if there is any remaining deposit is remaining. And closer to the Completion date, you do a walkthrough with developer's representative to look for issues that they need to be fixed.
Although you have the 2, 5, 10 warranty, this walkthrough is very important. It can be done with your hired inspector.
Of course, the next step after that is getting the key and celebrate and pop the campaigns. If you find this information useful, hit the LIKE and to SUBSCRIBE to my videos.
Make comments, let me know what you need to know. I'll be happy to assist.