Category Archives: How To Buy a Pre Sale Condo in Vancouver

Detailed information in a series of Videos on How to Buy a Presale or Pre-Construction property in Vancouver, BC, Canada with Mike Stewart, a Top Vancouver Realtor.

Presale Condos and Mortgage Financing!

Posted on June 29, 2011 by mike

Getting a Mortgage on Your Presale Condominium in Vancouver

Pre Sale residential condos are a popular option for many home buyers and investors in Vancouver. (Want an explanation of Presale Condos? Check out this video here).

I recently had the pleasure of interviewing Jessi Johnson, a Mortgage Broker in Vancouver about mortgages and presales.

Most people buying pre sales get mortgages on these properties when they complete several months or years later. Getting a mortgage is a fairly straightforward process and for most buyers occurs with very few issues.

That said, very few buyers of presales realise that there is no guarantee that when they buy a presale condo there is a chance they may not be able to get a mortgage in a few years time when the property completes.

No Guarantee You Can Get Mortgage on a Presale?! Continue reading →

Posted in: For Buyers, How To Buy a Pre Sale Condo in Vancouver, Vancouver Condo Pre-Sales, Vancouver Real Estate and Mortgage Financing
Tags: Downtown Vancouver Pre-Sale Condo Project, Getting a Mortgage on a Presale, How to Buy a Presale Condo, How to Buy an Off Plan Condo, Off Plan Condo Financing, Pre Development Properties Vancouver, Presale Condo Financing, Presale Condo Risks, Presale Realtor
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Pre Sale Condo Assignments in Vancouver – What are They? Are they Safe?

Posted on December 8, 2009 by mike

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Assignments of Pre-Sale Condos in Vancouver

Along with the rise of the Vancouver’s Pre Sale Condo market, the market for Pre Sale Condo Assignments has been a huge money maker for investors in Vancouver Real Estate.

What are Pre Sale Condo Assignments?

A Pre Sale Condo Assignment is when the original Buyer of a Pre Sale Condo sells their rights to a completed condo to another Buyer before that condo is completed. The reason the Continue reading →

Posted in: For Buyers, For Sellers, How To Buy a Pre Sale Condo in Vancouver
Tags: Are all contracts assignable, Are Assignments Safe, Assignee, Assignment Amount, Assignment Lift, Assignment of a Pre Sale, assignment price, Assignment Safety, Assignments as Investments, Assignor, Buying Assignments, Buying Pre Sales, condo assignments, Contract Assignments, Deposits on Assignments, Developers Consent, Developers Consent form, How do I assign my Pre Sale, How do I Market my Pre Sale, How do I Sell my Pre Sale, How to Buy a Pre-Sale, How to buy an assignment, How to Buy an Assignment of Contract, How to get rid of a pre sale, How to get rid of my pre sale, How to make Money with Assignments, How to purchase an Assignment of Contract, I cant complete on my pre sale, Investing in Assignments, Investing in Pre Sales, is an assignment a bad investment, Is and assignment a good investment, Is Goods and Services Tax payable on assignments, Is GST payable on assignments, Is Harmonized Services Tax payable on assignments, Is HST payable on assignments, Is Property Transfer Tax payable on an assignment, Is PTT payable on an assignment, Lift on Assignments, MLS, Multiple Listing System, New Developments and Assignments, Pre Sale Assignment, Pre Sale Assignments, Pre Sale Assignments of Contract, Pre sales as investments, Purchaser, Selling Vancouver Assignments, Selling Vancouver Pre Sales, Using a Lawyer to Buyer an Assignment, Using a Realtor to buy an Assignment, Vancouver Assignments, Vancouver condo assignments, Vancouver Pre Sale Assignments, Vancouver Pre-Sales, Vendor, What are the Advantages of Buying a Pre Sale, What is an Assignment of Contract, What is an Assignment of Contract of Purchase and Sale, What is the Lift in an Assignment of Contract, Who has to consent to the assignment, Why buy a Pre Sale, why buy an assignment, Why Invest in Vancouver Assignments, Why sell a Pre Sale
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What is a Pre-Sale in Vancouver Real Estate?

Posted on November 26, 2009 by mike

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Pre-Sales in Vancouver, British Columbia Canada

Open the Georgia Strait or any other local paper and you’ll notice advertisements for apartments and condos. Most of these places don’t yet exist. Why? Because they are pre-sales!

What is a Pre-Sale?

A pre-sale is when a Developer sells a Buyer a property before that property is built or completed. The Buyer purchasing the pre-sales is buying the right to a completed property that will be built in future. In the UK and elsewhere Pre-Sales are referred to as Off Plan Investments.

Why do people buy Pre-Sales?

Pre-sales are popular with investors and other Buyers because it allows these Buyers to have the benefit of increasing prices without having to pay a mortgage, propert Continue reading →

Posted in: For Buyers, How To Buy a Pre Sale Condo in Vancouver, Vancouver Condo Pre-Sales
Tags: 7 Day Rescission Period, Are pre-sales safe, British Columbia Real Estate Development Marketing Act, Buy off plan, Buy off plan property, Buying off plan, Buying Property Abroad, Condo Speculation in Vancouver, Holiday Homes Abroad, Home Owner Protection Office., Housing Bubble in Vancouver, How are pre-sales regulated in BC, How do I buy a pre-sale, How do pre-sales work, Investment properties, Investment Properties for Sale, Investment Properties in Canada, investment properties in Vancouver, Investment property for sale, investors, New Build, New Build in Vancouver, New Builds, New Builds in Vancouver, New Condos in Vancouver, New Property in Vancouver, Off plan, Off plan developments, Off plan investment, Off plan investments, Off plan properties, Off plan property, Off plan property Canada, Off plan property investment, Off plan property investments, Off plan property UK, Off Plan Property Vancouver, Off plan UK, Offplan property, Over Priced Condos in Vancouver, Overseas Property Agents, Pre sales as investment instruments, Pre sales as investments, Pre-Sales in Coal Harbour, Pre-sales in Downtown Vancouver, Pre-sales in Yaletown, Pre-sales in Yaletown Property Agents in Canada, Property Agents in Canada, Property Agents in Vancouver, Property Agents in Vancouver Property investment, Property investment, Real Estate Bubble in Vancouver, Real Estate Development Marketing Act, real estate marketing, Real Estate Speculation in Downtown Vancouver, Selling Overseas Property, Selling Property Abroad, Speculators in Vancouver, The Mark in Downtown Vancouver, The Mark Pre-Sale, Vancouver Condos and Harmonized Sales Tax, Vancouver Condos and HST Vancouver Pre-Sales, Vancouver Condos as investment properties, vancouver real estate, Vancouver Real Estate and the Harmonized Sales Tax, What is a pre-sale, What laws cover pre sales, working with a realtor, Yaletown Condo Realtor
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Category Archives: How To Buy a Pre Sale Condo in Vancouver

Presale Condos and Mortgage Financing!

What is a Pre-Sale in Vancouver Real Estate?

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