
PRESALE PROJECTS
PRESALE PROJECTS

PRESALE PROJECTS
PRESALE PROJECTS

PRESALE PROJECTS
PRESALE PROJECTS
Presale Projects
Presale Projects
Presale Projects
Exclusive
Presale Projects in Greater Vancouver
Exclusive
Presale Projects in Greater Vancouver
Exclusive
Presale Projects in Greater Vancouver
Representing Buyers with VIP Access
Uzair Muhammad PREC Vancouver Presale Expert | Real Broker
778-231-3592
admin@meetuzair.com

Representing Buyers with VIP Access
Uzair Muhammad PREC Vancouver Presale Expert | Real Broker
778-231-3592
admin@meetuzair.com

Representing Buyers with VIP Access
Uzair Muhammad PREC
Vancouver Presale Expert | Real Broker
778-231-3592
admin@meetuzair.com

What is Presale?
What is Presale?
The article titled “Beginner's Guide to Purchasing a Presale Condo” provides a detailed explanation of presale condos in British Columbia (BC).
A presale involves purchasing a condo unit before its completion, granting you rights to the future property. While you commit to paying the full purchase price, you only need to pay a deposit upfront. This deposit, typically 5-10% of the purchase price at the time of purchase, with additional installments during construction, is securely held in a trust account until completion. Worried about the security of your investment? Rest assured, if the developer fails to complete the project, your full deposit will be returned.
The article titled “Beginner's Guide to Purchasing a Presale Condo” provides a detailed explanation of presale condos in British Columbia (BC).
A presale involves purchasing a condo unit before its completion, granting you rights to the future property. While you commit to paying the full purchase price, you only need to pay a deposit upfront. This deposit, typically 5-10% of the purchase price at the time of purchase, with additional installments during construction, is securely held in a trust account until completion. Worried about the security of your investment? Rest assured, if the developer fails to complete the project, your full deposit will be returned.



Step-by-step Presale Buying Process
Step-by-step Presale Buying Process
Find and Agent
Working with an agent who specializes in presales gives you a significant advantage. They have market knowledge and access to deals that most agents don’t. It costs you $0 to work with an expert.Book Previews
Once you have chosen a project, book a preview with your agent at the display centre to review floor plans and price points. We will shortlist the projects and plans for you.
Contract & Deposit
Presale projects typically require a deposit ranging from 5-15%, which is paid in instalments.
Carefully review the purchase contract with your agent or send to a lawyer. Our clients get a complimentary contract review.
7-Day Rescission Period - Once an offer is accepted, all presale buyers have 7 days to complete their due diligence. If any issues arise, you can cancel the contract without penalties.
Assignments
You will have the opportunity to assign your presale contract prior to completion, typically 3-6 months before. We have a large database of buyers to whom we market the assignments.
Mortgage
Prepare for the final payment and mortgage ideally 4 months before completion. We have a network of mortgage brokers who specialize in new construction.
Walkthrough and Keys
In BC, the deficiency walkthrough is when the buyers Inspects the property thoroughly before the final handover and raise any issues regarding deficiencies. We will accompany you during this walkthrough.
Complete the financial transaction and take possession of the keys.
Find and Agent
Working with an agent who specializes in presales gives you a significant advantage. They have market knowledge and access to deals that most agents don’t. It costs you $0 to work with an expert.Book Previews
Once you have chosen a project, book a preview with your agent at the display centre to review floor plans and price points. We will shortlist the projects and plans for you.
Contract & Deposit
Presale projects typically require a deposit ranging from 5-15%, which is paid in instalments.
Carefully review the purchase contract with your agent or send to a lawyer. Our clients get a complimentary contract review.
7-Day Rescission Period - Once an offer is accepted, all presale buyers have 7 days to complete their due diligence. If any issues arise, you can cancel the contract without penalties.
Assignments
You will have the opportunity to assign your presale contract prior to completion, typically 3-6 months before. We have a large database of buyers to whom we market the assignments.
Mortgage
Prepare for the final payment and mortgage ideally 4 months before completion. We have a network of mortgage brokers who specialize in new construction.
Walkthrough and Keys
In BC, the deficiency walkthrough is when the buyers Inspects the property thoroughly before the final handover and raise any issues regarding deficiencies. We will accompany you during this walkthrough.
Complete the financial transaction and take possession of the keys.