📲 Book a free call with me here if you'd like to chat about presales or anything real estate related: [ Ссылка ]
📘 Access my FREE guide on my Top 10 Red Flags & Dealbreakers When Buying A Condo here: [ Ссылка ]
This is a MUST WATCH video if you are thinking of buying a presale condo in Vancouver.
Many buyers don't fully understand the risks when purchasing pre-construction properties, and making mistakes in the presale process can be incredibly costly.
Most people are attracted to presale condos because they typically have staggered deposit structures that make them "easier" to purchase. But failure to complete at closing time often ends up in lost deposits and other financial damages to the buyer.
This video is a thorough run-down of the top 5 mistakes I see made by presale buyers, and there are several tips and ways to reduce your risk in this video as well.
Here are the timestamps for this video:
00:00 - Introduction
00:32 - Assigning / Flipping a Presale
01:26 - Assignment Fees
02:48 - Marketing Restrictions on Assignments
03:43 - Tax Implications on Assignments
04:36 - Mortgage Financing on Presale
08:00 - Disclosure Statements
11:41 - Showhomes vs. Finished Product
13:46 - Developer Reputation
16:27 - Summary & Outro
Don't forget to hit the "Like" button if you learned something from the video.
SUBSCRIBE TO THE CHANNEL HERE: [ Ссылка ]
#presales #vancouverrealestate #hasanjuma
Looking to buy or sell real estate in Vancouver, its surrounding areas, or other locations across Canada?
WORK WITH ME and my national network of the best agents:
📲 TEXT / CALL: 604-787-5656
📲 EMAIL: hasan@jumarealty.com
Instagram: [ Ссылка ]
Twitter: [ Ссылка ]
LinkedIn: [ Ссылка ]
My Website: [ Ссылка ]
RESOURCES:
🔹 Costs To Buy A Home in Vancouver, BC: [ Ссылка ]
🔹 Will Home Prices Crash in 2021?: [ Ссылка ]
🔹 How To Review Strata Documents: [ Ссылка ]
🔹 Soaring Strata Insurance Costs - Explained: [ Ссылка ]
🔹 Top 5 Places to Live In Vancouver, BC: [ Ссылка ]
🔹 Top 5 Places To Live In Surrey, BC: [ Ссылка ]
🔸 Download my Mortgage App and find out for yourself, how much you can afford: [ Ссылка ]
ABOUT ME:
I am a real estate agent in Vancouver BC, licensed with Oakwyn Realty Ltd., and am currently working with new clients in Vancouver, Burnaby, New Westminster, Surrey, and other areas of the Lower Mainland of BC. I also work with the top agents across Canada to offer the best service, right across the country. Feel free to connect with me through any of the channels above!
This video is designed to be educational and as every person's real estate journey is different, I recommend you connect with your real estate agent and/or mortgage broker of choice to get more specific real estate advice based on your personal situation and goals.
