Developers typically release units to "Platinum" agents first, then VIP agents, and finally the public.
Most jurisdictions provide a mandatory "cooling-off" period (often 7 to 10 days) after you sign the contract. how to buy pre construction homes
Work with a real estate agent who specializes in pre-construction. They can get you into the sales center early, often securing thousands of dollars in "builder incentives" like capped development charges or free upgrades. 3. Review the Deposit Structure They can get you into the sales center
There are two "move-in" dates to understand, particularly with condos: 6. Occupancy vs. Final Closing
Ensure you have the cash flow to meet these deadlines, as they are non-negotiable. 4. The Cooling-Off Period
Look for reviews or news regarding their construction quality and after-sales service.
Some lenders offer "builder caps" that guarantee your interest rate for a longer period, though many buyers will need to re-qualify closer to the completion date. 6. Occupancy vs. Final Closing
