09/09/2023
When buying a pre sale you always want to make sure the terms of the agreement are desirable for you! Some of the key things to look for are..
1. Developer
You always want to make sure you are buying from a reputable & experienced developer/builder.
2. Deposit
Make sure you are getting favourable deposit terms. Depending on the type of pre sale you are purchasing deposits can range from 5%-25%.
3. Completion
Make sure the completion of the unit you are purchasing meets your ideal criteria depending on if you are looking for a primary residence or investment.
4. Assignment terms
If you are looking to invest, make sure you get favourable fees.