How To Buy a Pre Sale Condo in Vancouver

How to Buy a Pre-Construction Condo 2 | Advantages for Owner/Occupiers

 Presale Condos in Vancouver - Advantages for Owner/Occupiers? In Episode 1 of How to Buy a Pre-Construction Condo in Vancouver, we discussed the advantages of Presale Condos for Investors. Today, we're going to discuss the advantages pre-construction or off plan condos have for Buyers who intend to live in the property once its completed. As with investors buyers, presales are not for every Buyer who intends to occupy the property, but they can very good for many buyers. 7 Advantages of Presale Condos for Owner Occupiers - Selection & Customization - For owner occupiers, the pre-construction purchase of a condo… Find out more

Presale Condo Completions in Vancouver – Avoiding Penalties!

Completing on a Presale Condo in Vancouver and Appraisals. I recently had the pleasure of interviewing Chad Watts of The Mortgage Group about an experience he had during the the Completion of a Pre-Sale Condo here in beautiful Vancouver, BC. Developers in many cases only give 10 days notice of the Completion of a Presale Condo. During this time sometimes up to several hundred appraisers need to get access to and appraise the soon to be Completed suites. (Not sure what an appraiser is? Check out this great explanation with video on What is an Appraisal!) What does Completion mean… Find out more

How to Purchase a Presale Condo in Vancouver 1 | Advantages for Investors

Why do Investors Buy Presale Condos in Vancouver? Welcome to How to Buy a Presale Condo in Vancouver 1. This is the first in a series of videos that will explain in detail the process of buying a pre-construction or off plan property in Vancouver, British Columbia, Canada. Pre Sale Condos are not for everyone. But for many Buyers particularly investors, Presale Condominiums are a great option because of the advantages of this type of property offers. What are Some the Advantages to Buying Pre Sale Condos for Investors? Low Hassle Investment with Potential for Capital Appreciation - Pre-Sales allow… Find out more

How to Buy a Vancouver Presale | Introduction

Introduction to How to Buy A Presale Condo in Vancouver In this series of videos, I will explain in detail the process of buying a Residential Presale Condominium in Vancouver, British Columbia, Canada. (Not sure what a Presale is? Check out this great explanation of Presale Condos Here!) Who I am: My name is Mike Stewart, and I am a top producing and award winning Realtor in Vancouver and I specialize in Pre Sale Condos. Since 2005, I have helped my clients purchase Presale condos all over Vancouver and Pre-Sales make up a good portion of my Real Estate business.… Find out more

Presale Condos and Mortgage Financing!

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… Find out more

Pre Sale Condo Assignments in Vancouver – What are They? Are they Safe?

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 word "Assignment" is used is because the original Buyer assigns their rights to the new Buyer. The Seller of an assignment is the Assignor and the Buyer of an Assignment is… Find out more