05/08/2024
BENEFITS OF BUYING PROPERTIES while they are still in Preselling stage:
1. PRESELLING PROPERTIES ARE NORMALLY CHEAPER - In the absence of the physical unit. preselling properties are normally sold at a cut-rate price of 30-50% off compared to the price of a finished unit. Aside from its affordable introductory price, many property developers offer flexible payment schemes and even discounted down-payment price.
2. THEY GIVE BUYERS THE BEST UNIT OPTIONS - When buying an RFO property, more often than not, the buyer is usually left to choose from the less desirable units or locations. In buying preselling properties, buyers are granted a privilege to choose their ideal lot or unit location at an early phase, usually during the project launching stage.
3. ONCE COMPLETED, THEY CAN PROVIDE A STEADY SOURCE OF INCOME - Speaking of renters, once the property is completely done and is now ready for occupancy, the buyer can opt to rent it out, and through this, the buyer earns a steady cash flow. Alternatively, the buyer can also make more from his or her property by selling it once completed, by which time the property has increased its value.
4. THEY ARE AN EXCELLENT INVESTMENT OPTION - The value of real estate, especially well-located ones, appreciates over time. This is true for preselling properties. At the time of their completion, the value of preselling condos or house and lots have increased considerably, that the buyer can earn a profit by selling them in the secondary market.
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Jhan Poul Mendoza
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