If you’ve been looking at purchasing a presale, there are things that many developers are not broadcasting publicly that you should be aware of. Presale secrets you need to know now.
If you’ve been looking at purchasing a presale, there are things that many developers are not broadcasting publicly that you should be aware of. Presale secrets you need to know now.
“High impact footage of some of the pre-sales we’ve filmed.”
A typical deposit structure for any presale development is a 20% deposit spread out in 5% payment increments anywhere from one year to 18 months.
Right now many developers are offering huge discounts on the deposits required. They have dropped to 15%, 10%, and even 5% for some projects. One project is going to be announcing shortly a mortgage interest buy-down program of 3%. Meaning, that if the mortgage you qualify for is currently at a 5% interest rate, they will buy down that rate by 3%.
And, these may not be the only incentives being offered.
So, if you’ve been eyeing a particular presale development, now might be the best time for you to act.
Give me a call or send me an email. It would be a pleasure to assist you.
Since January I have filmed approximately 25 presale developments around Metro Vancouver.
If you’ve been looking at purchasing a presale, there are things that many developers are not broadcasting publicly that you should be aware of. Presale secrets you need to know now.
“High impact footage of some of the pre-sales we’ve filmed.”
A typical deposit structure for any presale development is a 20% deposit spread out in 5% payment increments anywhere from one year to 18 months.
Right now many developers are offering huge discounts on the deposits required. They have dropped to 15%, 10%, and even 5% for some projects. One project is going to be announcing shortly a mortgage interest buy-down program of 3%. Meaning, that if the mortgage you qualify for is currently at a 5% interest rate, they will buy down that rate by 3%.
And, these may not be the only incentives being offered.
So, if you’ve been eyeing a particular presale development, now might be the best time for you to act.
Give me a call or send me an email. It would be a pleasure to assist you.