Purchase Process for a Presale Condo with VIP Access in Vancouver

Purchasing a presale or pre-construction condo in Vancouver is an exciting opportunity, especially when you have VIP access. This guide walks you through the step-by-step process of buying a presale condo and highlights the advantages of being on Uzair’s VIP email list.

Step 1: Receive Early Notification About a Project

As a VIP client, you'll receive an email about new presale projects before they are available to the public. This early access gives you a head start in securing the best units and prices.

Step 2: Express Your Interest

If a project catches your eye, let us know by responding to the email, calling, or texting. We’ll add you to our shortlist for that project and follow up as soon as we receive floor plans and price ranges—before anyone else.

Step 3: Early Preview Appointments

When the developer or marketing company opens the display center for early previews, we’ll schedule an appointment for you. During the preview, you’ll:

• View a scale model of the building.

• Explore detailed touchscreens with visuals, layouts, and amenities.

• Get your questions answered by the sales manager.

Step 4: Bank Draft Requirement

For early VIP access, some developers may request a bank draft—typically for $10,000. This signals your serious interest in purchasing. At this stage:

• The marketing company will only take a copy of the draft.

• The draft will not be cashed until the final purchase decision is made.

Step 5: Waiting for the Disclosure Statement

Before a purchase can proceed, the developer must issue a disclosure statement. This document provides crucial details about the project, including timelines, amenities, and legal terms.

Step 6: Purchase Appointment

Once the disclosure statement is ready, we’ll arrange your purchase appointment at the marketing office. Here’s what to expect:

• Bring the $10,000 bank draft and a personal cheque for the remaining 10% deposit (minus the $10K draft).

• Review and sign the purchase agreement with the marketing company or developer.

• Receive a copy of the disclosure statement.

Step 7: 7-Day Rescission Period

After signing the purchase agreement, your 7-day rescission period begins. This is your opportunity to review the contract with your family, lawyer, or accountant. During this time:

• We’ll be available to answer any questions.

• If you choose not to proceed, we’ll help you cancel the deal and retrieve your deposit.

If you decide to move forward, the bank draft and personal cheque will be deposited at the end of the rescission period.

Step 8: Payment Installments

Presale condo purchases typically require installment payments after the initial deposit:

1. Second Deposit: Paid within 6–9 months.

2. Final Deposit: Paid 6–9 months after the second deposit.

Step 9: Completion and Handover

Once the project is completed, you’ll receive the keys to your new condo. At this stage, you can decide whether to move in, rent it out, or keep it as an investment.

Why Choose VIP Access with Uzair?

By joining Uzair’s VIP email list, you gain:

• First access to presale projects before they’re made public.

• Priority appointments for early previews.

• The chance to secure the best units at the most competitive prices.

Our team is here to guide you through every step of the process, ensuring your experience is smooth and stress-free.

Ready to Buy a Presale Condo?

Don’t miss out on the opportunity to invest in Vancouver’s most sought-after presale condos. Join Uzair’s VIP list today to stay ahead of the market and access exclusive opportunities.

Contact Uzair now to get started!